The Political Economy of Monetary Union: Towards the Euro [Paperback]

This book places the whole issue of monetary union in its wider political economic context. The authors discuss:
* the effect of EMU on fiscal and monetary policies
* Central bank independence
* the impact of EMU on unemployment
* ERM II
* international perspectives.
Drawing on their experience in the European financial markets, the authors use a non-technical approach to discuss these issues - both in a general european sense and more specifically, Germany, the UK and Italy.Drawing on their experience in the European financial markets, the authors use a non-technical approach to discuss these issues - both in a general sense and in specific country experiences.Giordano, Francesco; Persaud, ShardaChapter 1 Introduction; Chapter 2 Monetary Union: To be or Not to be?; Chapter 3 German Unification and EMU; Chapter 4 Solving the Deficit Puzzle; Chapter 5 In Bundesbank Clothes; Chapter 6 Central Banks Get Eclectic; Chapter 7 European Unemployment; Chapter 8 German Unemployment; Chapter 9 Bubbles, Crises and Interventions; Chapter 10 Life Outside EMU; Chapter 11 The UK and EMU; Chapter 12 Italian Institutional Reforms; Chapter 13 Conclusion;US? 1998 Francesco Giordano and Sharda Persaud