Economics of monetary union

Bibliographic Information

Economics of monetary union

Paul De Grauwe

Oxford University Press, 2009

8th ed

  • : pbk

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Note

Includes bibliographical references (p. [267]-278) and index

Description and Table of Contents

Description

Economics of Monetary Union enables students to gain a firm understanding of the theories and policies relating to monetary unions. The author analyses the costs and benefits associated with having one currency, as well as the practical workings and current issues involved with the Euro. Recent global events are addressed in this new edition and coverage of the credit crisis and its implications for the Eurozone has been added. Other changes include further discussion of the world's other monetary unions and more analysis of the increasing role of the Euro as an international currency. The regularity with which this text is updated ensures that it is topical and current which is of great importance to those studying the Economics of Monetary Unions. Online Resource Centre For lecturers: Instructor manual PowerPoint slides For students: Data (new) Questions (new) Links to articles and papers (new)

Table of Contents

  • COSTS AND BENEFITS OF MONETARY UNION
  • 1. The Costs of a Common Currency
  • 2. The Theory of Optimum Currency Areas: A Critique
  • 3. The Benefits of a Common Currency
  • 4. Costs and Benefits Compared
  • 5. Optimal Currency Areas Case Studies: Is the Enlarged European Union an Optimal Currency Area? Is Latin America an Optimal Currency Area?
  • MONETARY UNION
  • 6. Incomplete Monetary Unions: The European Monetary System, Dollarization
  • 7. The Transition to a Monetary Union: Problems of Transition in Central Europe, Problems of Transition of the UK
  • 8. The European Central Bank
  • 9. Monetary Policy in Euroland
  • 10. Fiscal Policies in Monetary Unions
  • 11. The Euro and Financial Markets

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