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Economic and Monetary Union in Europe brings together contributions from leading specialists which explain and evaluate the most important implications of economic and monetary union. The book examines theoretical aspects of monetary integration, illustrates the historical lessons to be learned...
Persistent link: https://www.econbiz.de/10011850608
This book combines currency matters with competitiveness considerations, with a view to raising the understanding of exchange rate dynamics and to analysing the role of exchange rates in reinforcing economic competitiveness
Persistent link: https://www.econbiz.de/10011852040
Potential new entrants to the European Union from Central and Eastern European countries face many challenges to achieve financial convergence with the existing EU nations. Using detailed case studies from Bulgaria, the Czech Republic, Latvia, Lithuania and Poland and analysis of cross country...
Persistent link: https://www.econbiz.de/10011850773
This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...
Persistent link: https://www.econbiz.de/10011850704
The dramatic evolution of financial markets in the 1980s and 1990s, accompanied by increasing institutional integration between nations (most notably in the EU), have fostered a widespread belief that governments - particularly those of small economies - have essentially lost the power to pursue...
Persistent link: https://www.econbiz.de/10011851304
This book highlights the achievements and challenges of the ongoing process of financial integration in Europe. This unique collection will be of great interest to economists and experts in the fields of financial markets and European integration from central, commercial and investment banks,...
Persistent link: https://www.econbiz.de/10011851237
With global finance reshaping the world economy, this insightful new book provides a full account of the EU's financial integration strategy, together with a critical assessment arguing the case for social control over global finance. Written by acknowledged experts in European finance, this...
Persistent link: https://www.econbiz.de/10011850729
discusses the NAIRU theory and presents econometric evidence to assess the relative importance of capital investment and labor … unemployment in the long run? -- 3. The NAIRU theory, the NAIRU story and Keynesian approaches -- 4. Explaining the rise in … the theory of the firm : financialization and management priorities -- 6. Financialization and the slowdown of capital …
Persistent link: https://www.econbiz.de/10011851695
Due to financial market imperfections it is imperative to analyse the relationship between financial structure and the monetary policy transmission process in Europe to effectively design and implement European monetary policy. Focusing on the years 1980-1995 and providing empirical evidence for...
Persistent link: https://www.econbiz.de/10014473859
during the experiences of the 1990s and 2000s: exchange rate regimes and optimal currency area theory; exchange rate regimes …
Persistent link: https://www.econbiz.de/10011851024