The Euro The First Decade [Hardcover]

The first book to provide a wide-ranging strategic review of the first decade of the euro.The introduction of the euro was a remarkable feat in the history of European monetary, financial, economic and political integration. Written by an impressive line-up of academic and professional economists, this 2010 book was the first to provide a wide-ranging strategic review of the first decade of the euro.The introduction of the euro was a remarkable feat in the history of European monetary, financial, economic and political integration. Written by an impressive line-up of academic and professional economists, this 2010 book was the first to provide a wide-ranging strategic review of the first decade of the euro.On 1 January 1999 eleven EU Member States adopted a new currency - the euro. The introduction of the euro was a remarkable feat in the history of European monetary, financial, economic and political integration. It was an event of worldwide significance. Despite much criticism and predictions that it would quickly collapse, the first decade of the euro has been a remarkable success. The euro area has now expanded to 16 members with a combined population of 326 million and contributes 16 per cent of global output. This 2010 book was the first to provide a wide-ranging strategic review of the first decade of the euro. Written by an impressive line-up of academic and professional economists, The Euro: The First Decade is an invaluable reference for scholars and policy makers who wish to know more about the successes and failures of the euro and the challenges that lie ahead.List of figures; List of tables; List of contributors; Foreword Joaqu?n Almunia; Acknowledgements; 1. Euro: the first decade and beyond Marco Buti, Servaas Deroose, Vitor Gaspar and Jo?o Nogueira Martins; Part I. Historical Perspective: 2. A long term perspective on the euro Michael Bordo and Harold James; 3. Sui generis EMU Barry Eichengreen; Comment Niels Thygesen; Part II. OCA Theory Revisited:l3a