Name: One Money for Europe? The Economics and Politics of emu (en Inglés)
Price: 101520.00 CLP
Availability: InStock
Author: Malcolm Crawford
ISBN: 9780333666807

portada One Money for Europe? The Economics and Politics of emu (en Inglés)

Formato

Libro Físico

Editorial

Palgrave Macmillan

Autor

Malcolm Crawford

Año

1996

Idioma

Inglés

N° páginas

377

Encuadernación

Tapa Blanda

ISBN13

9780333666807

N° edición

1996

Categorías

Economía urbana

One Money for Europe? The Economics and Politics of emu (en Inglés)

Malcolm Crawford (Autor) · Palgrave Macmillan · Tapa Blanda

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Reseña del libro "One Money for Europe? The Economics and Politics of emu (en Inglés)"

Europe is on the road to monetary union (EMU) even if there may be delays and diversions on the way. The focal point of EMU will be its single currency, valid throughout all participating countries, and replacing the national currencies. There will be considerable transitional pain and stress, most of all for member states with very high public debts. For the rest, the road ahead will not be smooth, but should be assisted by easier monetary policy in Germany since 1993. For some countries at least, the pain will be aggravated unnecessarily by design defects in the transitional rules for entry - which there is still time to remedy. The author - no admirer of a federal Europe - describes how EMU could actually work better in a confederal Europe with no federal chief executive and with a relatively weak Parliament. The independent Eurofed would be responsible for managing economic policy on an EC-wide basis, while national governments could use fiscal policies to mitigate local deviations. Weak regions and poor peripheral countries would require more flexible assistance from EC resources, however.