Monetary and Fiscal Policies in EMU

Monetary and Fiscal Policies in EMU PDF

Author: Marco Buti

Publisher: Cambridge University Press

Published: 2003-11-13

Total Pages: 376

ISBN-13: 9780521832151

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Leading scholars and policy makers examine the challenges that are facing economic policies in the EMU today.

Economic Policy in EMU

Economic Policy in EMU PDF

Author: Marco Buti

Publisher: Oxford University Press

Published: 1998

Total Pages: 280

ISBN-13: 9780198294771

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With the advent of the third and final phase of European and Monetary Union (EMU), the debate over European monetary unification is at the top of the political and economic agenda. Much has been written over the past five years about whether EMU is justified given the various expected benefitsand prospective costs, but there has been little detailed material on how EMU will work and what the practical implications of it will be for Europe as a whole. Economic Policy in EMU is a comprehensive look at the mechanisms involved, likely effects on monetary and budgetary policy, and the ways in which monetary union will deal with and affect business cycles and regional differences. It combines rigorous analysis of how the European economy works withan insider view of how this will change after 1999: as such, it is vital reading for all involved in the most important topic facing Europe today.

EU Law of Economic & Monetary Union

EU Law of Economic & Monetary Union PDF

Author: Fabian Amtenbrink

Publisher: Oxford University Press

Published: 2020-05-21

Total Pages: 1808

ISBN-13: 0192512498

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Presenting a sweeping analysis of the legal foundations, institutions, and substantive legal issues in EU monetary integration, The EU Law of Economic and Monetary Union serves as an authoritative reference on the legal framework of European economic and monetary union. The book opens by setting out the broader contexts for the European project - historical, economic, political, and regarding the international framework. It goes on to examine the constitutional architecture of EMU; the main institutions and their legal powers; the core legal provisions of monetary and economic union; and the relationship of EMU with EU financial market and banking regulation. The concluding section analyses the current EMU crisis and the main avenues of future reform.

EMU and Economic Policy in Europe

EMU and Economic Policy in Europe PDF

Author: Marco Buti

Publisher: Edward Elgar Publishing

Published: 2002-01-01

Total Pages: 520

ISBN-13: 9781781009857

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Explores issues surrounding the European Monetary Union, including the financial impact of the euro, the behavior of monetary and fiscal authorities, and the consequences of EU enlargement.

EMU Facts, Challenges and Policies

EMU Facts, Challenges and Policies PDF

Author: OECD

Publisher: OECD Publishing

Published: 1999-03-18

Total Pages: 210

ISBN-13: 9264172602

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The launch of the euro reinforces the foundations for unprecedented economic integration encompassing 11 countries, 16 per cent of world GDP and 290 million people. For the first time, the OECD has studied the euro-area as a fully-fledged economic ...

The Economic and Business Consequences of the EMU

The Economic and Business Consequences of the EMU PDF

Author: Hubert Ooghe

Publisher: Springer Science & Business Media

Published: 2000-09-30

Total Pages: 536

ISBN-13: 9780792379645

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To make a first assessment after about a year's experience with economic and monetary union; 2. To examine the impact of EMU and the introduction of the Euro in various areas of economic policy, involving both government and the corporate sector including the banking industry; 3. To provide an insight into the challenges that the Euro offers for the coming years with respect both to macro-economic policy and the development of the financial markets and with respect to business management.

One Money for Europe?

One Money for Europe? PDF

Author: Malcolm Crawford

Publisher: Springer

Published: 2016-07-27

Total Pages: 390

ISBN-13: 134925035X

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Europe is on the road to monetary union (EMU) even if there may be delays and diversions on the way. The focal point of EMU will be its single currency, valid throughout all participating countries, and replacing the national currencies. There will be considerable transitional pain and stress, most of all for member states with very high public debts. For the rest, the road ahead will not be smooth, but should be assisted by easier monetary policy in Germany since 1993. For some countries at least, the pain will be aggravated unnecessarily by design defects in the transitional rules for entry - which there is still time to remedy. The author - no admirer of a federal Europe - describes how EMU could actually work better in a confederal Europe with no federal chief executive and with a relatively weak Parliament. The independent Eurofed would be responsible for managing economic policy on an EC-wide basis, while national governments could use fiscal policies to mitigate local deviations. Weak regions and poor peripheral countries would require more flexible assistance from EC resources, however.

Challenges for Economic Policy Coordination within European Monetary Union

Challenges for Economic Policy Coordination within European Monetary Union PDF

Author: Andrew J. Hughes Hallett

Publisher: Springer Science & Business Media

Published: 2013-06-29

Total Pages: 222

ISBN-13: 1475747381

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The launch of European Monetary Union (EMU) marked the beginning of a new era, and its establishment has proved an impressive success at the technical, legal, and procedural level. After all, EMU has accelerated economic and political integration in the European Union and tied the economies of the Member States closer together. However, the performance of the euro, high unemployment rates, uneven output and investment growth, and the issue of structural reforms that have yet to be tackled have raised questions about the performance of EMU in practice. There is a general consensus on the justification for economic policy coordination. The existing literature on economic policy coordination, however, seems far from able to provide robust conclusions about how to organize the necessary interaction of institutions and policies. Therefore, there seems to be a case for re-examining the subject under the new framework set by EMU. The objective of such a reassessment is to enhance the understanding of what type of coordination and what institutional setting for policy coordination can be expected to be most favorable. Challenges for Economic Policy Coordination within European Monetary Union provides an intellectually stimulating contribution to the ongoing debate.

The Stability and Growth Pact

The Stability and Growth Pact PDF

Author: A. Brunila

Publisher: Springer

Published: 2001-09-20

Total Pages: 446

ISBN-13: 0230629261

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The Stability and Growth Pact (SGP) encompasses the legislative text and political resolutions regulating fiscal policy and public finances in EMU. The contributions in this volume analyse the institutional, legal, theoretical and empirical aspects of the SGP, examine its development and evaluate its main implications. The authors include academic economists, who provide insightful analysis, and policy makers who have contributed to the shaping of the pact and have a direct responsibility for its implementation. This book is the definitive source of reference on the SGP for academics, policy makes and economists.