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Adjustment and Growth in the European Monetary Union - Francisco Torres

Adjustment and Growth in the European Monetary Union

By: Francisco Torres (Editor), Francesco Giavazzi (Editor)

Hardcover

Published: 29th October 1993
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This volume analyzes the European Community's transition to economic and monetary union (EMU) in the light of the agreements reached at Maastricht last year. It derives from a conference held by the CEPR and the Bank of Portugal, and includes among its contributors a number of noted academic commentators on European integration. The issues addressed in the volume include: the relationship between a common currency and inflation convergence; the effects of monetary unification on Europe's increasingly integrated financial markets and fiscal systems; and EMU's implications for the EC's long-term growth.

List of figures
List of tables
Preface
List of contributors
Foreword
Introduction
Economic and monetary union: critical notes on the Maastricht Treaty revisions
Discussion
The design of optimal fiscal rules for Europe after 1992
Discussion
Contracts, credibility and common knowledge: their influence on inflation convergence
Discussion
Inflation in fixed exchange regimes: the recent Portuguese experience
Discussion
Models of economic integration and localized growth
Discussion
Shocking aspects of European monetary integration
Discussion
Lessons of Massachusetts for EMU
Discussion
Financial and currency integration in the European monetary system: the statistical record
Discussion
Currency substitution: from the policy questions to the theory and back
Discussion
Coordination of capital income taxes in the economic and monetary union: what needs to be done?
Discussion
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521440196
ISBN-10: 052144019X
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 416
Published: 29th October 1993
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 22.8 x 15.2  x 2.7
Weight (kg): 0.78