The Impact of EMU on Europe and the Developing Countries
Series: WIDER Studies in Development Economics;
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Product details:
- Publisher OUP Oxford
- Date of Publication 18 October 2001
- ISBN 9780199245314
- Binding Hardback
- No. of pages418 pages
- Size 243x163x26 mm
- Weight 706 g
- Language English
- Illustrations numerous graphs and line figures 0
Categories
Short description:
Now that EMU is here and likely to stay, the 'second generation' of research is under way. This volume presents a significant sample of that research and explores questions such as: How do central bankers who used to run their own banks now melt into a single pot? Are labour markets going to shape up? Is the euro becoming a world currency?
MoreLong description:
Much has been written about EMU, mostly concerning its desirability and whether it will ever come to exist. Now it is here, and likely to stay. The 'next generation' of research on EMU is already under way, and this volume presents a significant sample of that research. The authors explore questions such as: How do central bankers who used to run their own banks now melt into a single pot? Are labour markets going to shape up? Is the euro becoming a world currency?
"The Impact of EMU on Europe and the Developing Countries" is outward-looking, examining the impact of EMU on the rest of the world---the developing and transition countries---and the likely evolution of trade patterns inside and outside Europe. This book, written by leading authorities in the field, will appeal to researchers and graduate students by providing immediate access to a wide range of up-to-date work on EMU.
Highly readable ... will no doubt prove useful for both specialists in the subject as well as policy-makers
Table of Contents:
Introduction and Overview
Monetary Union and Fiscal Federalism
Accountability, Credibility, Transparency and Stabilization Policy in the Eurosystem
The Role of National Central Banks and of Different Policy Cultures
Games Central Bankers (Could) Play: Markets versus Politics in Public Policy Decisions
Will EMU Increase Eurosclerosis?
Europe's Industrial Structure and Geography
Exchange Rate Uncertainty, Trade, and Investment with and without EMU
World Banking and Finance with EMU
The New International Monetary and Financial System
EMU and the Developing Countries
Will the Euro Trigger More Monetary Unions in Africa?
Will the Emergence of the Euro Affect World Commodity Prices?
The Impact of EMU on European Transition Economies: Commitment, Institutional Capacity and the Monetary--Fiscal Mix
A Critical View and the Research Agenda
