Monetary integration in Europe

Author(s)

Bibliographic Information

Monetary integration in Europe

Horst Tomann

(Studies in economic transition)

Palgrave Macmillan, 2007

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

Can the European Economic and Monetary Union survive as an institution providing the highest degree of monetary integration? Can it withstand crises in international markets and contribute to the stability of the global financial system? This book addresses these questions, emphasising the need for new forms of economic policy coordination.

Table of Contents

The History of Monetary Integration in Europe Theory of Optimum Currency Areas The Economic and Monetary Union: Institutions and Credibility The Monetary Policy Strategy of EMU Fiscal Policy Coordination and the Stability and Growth Pact The EMU and the Wage Bargain Real Convergence in a Monetary Union The New European Monetary System

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