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Zusatztext In my opinion this is the best text book on the European Monetary Union on the market. Informationen zum Autor Currently Paul De Grauwe is John Paulson Professor in European Political Economy at LSE. Prior to joining LSE, Paul was Professor of International Economics at the University of Leuven, Belgium. He was a member of the Belgian parliament from 1991 to 2003. He is honorary doctor of the University of Sankt Gallen (Switzerland), of the University of Turku (Finland), the University of Genoa, the University of Valencia and MaastrichtUniversity. Klappentext Economics of Monetary Union provides concise analysis of theories and policies relating to monetary union. It addresses current issues surrounding the Eurozone, including; costs and benefits of possible exits by member countries, an analysis of the role of the ECB as new single supervisor and detail on the sovereign debt crisis. Zusammenfassung The eleventh edition of Economics of Monetary Union provides a concise analysis of the theories and policies relating to monetary union. The author addresses current issues surrounding the Eurozone, including; a critical discussion of the costs and benefits of possible exits by its member countries, an analysis of the role of the ECB as new single supervisor and detail on the sovereign debt crisis. In Part One the author examines the implications of adopting a common currency, assessing the benefit to each country from being a member of the Eurozone, whilst also questioning whether other parts of the world would gain from monetary unification. Part Two of the book looks at the problems of running a monetary union by analysing Europe's experience and the issues faced by the European Central Bank. Inhaltsverzeichnis Part One: Costs and Benefits of Monetary Union; 1 The Costs of Common Currency; 2 The Theory of Optimum Currency Areas: A Critique; 3 The Benefits of a Common Currency; 4 Costs and Benefits Compared; Part Two: Monetary Union; 5 The Fragility of Incomplete Monetary Union; 6 How to Complete a Monetary Union?; 7 The Transition to a Monetary Union; 8 The European Central Bank; 9 Monetary Policy in the Eurozone; 10 Fiscal Policies in Monetary Unions; 11 The Euro and Financial Markets ...
