+612 9045 4394
 
CHECKOUT
One Market, One Money: An Evaluation of the Potential Benefits : An Evaluation of the Potential Benefits  and Costs of Forming an Economic and Monetary Union - Michael Emerson

One Market, One Money: An Evaluation of the Potential Benefits

An Evaluation of the Potential Benefits and Costs of Forming an Economic and Monetary Union

Paperback

Published: 27th February 1992
RRP $118.95
$81.25
32%
OFF
or 4 easy payments of $20.31 with Learn more
This title is not in stock at the Booktopia Warehouse and needs to be ordered from our supplier.
Click here to read more about delivery expectations.

The European Community is negotiating a new treaty to establish the constitutional foundations of an economic and monetary union in the course of the 1990s. This study provides the only comprehensive guide to the economic implications of economic and monetary union. The work of an economist inside the Commission of the European Community, it reflects the considerations influencing the design of the union. The study creates a unique bridge between the insights of modern economic analysis and the work of the policy makers preparing for economic and monetary union.

`An excellent evaluation of the prospects of EMU.' M.J. Riley, Thames Polytechnic 'a thorough economic appraisal by the Commission of the likely economic effects - costs as well as benefits - of the move to EMU ... Even after the Maastricht Summit, this analysis, which is not targeted exclusively at economists, loses none of its interest.' Europe, No. 5680, 2/3 March 1992 'well-organized book ... this book will be a valuable source of ideas and information to readers on both sides of what could be one of the most important arguments on the 1990s agenda for specialists in international economics and politics' G.T. Potter, emeritus, Ramapo College of New Jersey, Choice, Oct '92 `Excellent study of the costs and benefits of monetary unification.' Nigel Grimwade, South Bank University `Useful for its analysis of monetary union. No equivalent at this level to the best of my knowledge.' C. McPherson, Humberside University

Executive Summary; A: Synthesis and Economic Principles: Synthesis; The Economics of EMU; B: The Main Benefits and Costs: Efficiency Gains; Benefits of Stable Prices; Implications for Public Finance; Adjusting without the Nominal Exchange Rate; External Dimensions; C: The Impact Through Time and Space: Transitional Issues; Spatial Aspects; National Perspectives on the Costs and Benefits of EMU; Annexes: Exchange Transaction Costs; Germany and the Netherlands: the Case of a de facto Monetary Union; European and German Economic and Monetary Union: a Comparison; Shocks and Adjustment in EMU: Simulations with the Quest Model; Exchange Rate Regimes in the EC: Simulations with the Multimod Model

ISBN: 9780198773245
ISBN-10: 0198773242
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 354
Published: 27th February 1992
Publisher: Oxford University Press
Country of Publication: GB
Dimensions (cm): 24.7 x 18.9  x 2.0
Weight (kg): 0.78