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Author: Tommaso Padoa-Schioppa
Publisher: Oxford University Press, USA
Published: 2000
Total Pages: 284
ISBN-13: 9780199241767
DOWNLOAD EBOOK →This insider's guide to a topical issue is designed to be of use to students, academics, policymakers and commentators alike. It contains extracts from documents and a chronology.
Author: Kenneth Dyson
Publisher: Oxford University Press
Published: 1999
Total Pages: 884
ISBN-13: 019829638X
DOWNLOAD EBOOK →Providing a comprehensive and definitive account of the negotiations that led up to the agreement on Economic and Monetary Union at Maastricht in December 1991, this book examines the dynamics of the treaty negotiations.
Author: Richard Pomfret
Publisher: Cambridge University Press
Published: 2021-03-11
Total Pages: 75
ISBN-13: 110896205X
DOWNLOAD EBOOK →The Road to Monetary Union analyses in non-technical language the process leading to adoption of a common currency for the European Union. The monetary union process involved different issues at different times and the contemporary global background mattered. The Element explains why monetary union was attempted and failed in the 1970s, and why the process was restarted in 1979, accelerated after 1992 and completed for a core group of EU members in 1999. It analyzes connections between eurozone membership and Greece's sovereign debt crisis. It concludes with analysis of how the eurozone works today and with discussion of its prospects for the 2020s. The approach is primarily economic, while acknowledging the role of politics (timing) and history (path dependence). A theme is to challenge simplistic ideas (e.g. that the euro has failed) with fuller analysis of competing pressures to shape the nature of monetary union.
Author: Nicola Acocella
Publisher: Cambridge University Press
Published: 2020-08-27
Total Pages: 489
ISBN-13: 1108896987
DOWNLOAD EBOOK →The European Union is at a crossroads. This book analyzes the historical roots of the EU's monetary and financial institutions in order to better understand its struggle to maintain an economic and monetary union, as well as the ongoing problems facing the Euro. The institutions of the EU are based on the operation of free markets, a common monetary policy, and the European Central Bank. These founding policies have created many of the imbalances at the root of the ongoing European recession. Reemerging threats of populism and localism are poised to further disintegrate the European construction and may spark fierce opposition between countries. Acocella engages with these risks, suggesting detailed actions for reform within the EU and its institutions that may steer it away from further conflict, allowing it to better serve its member states and citizens.
Author: André Szász
Publisher: Springer
Published: 2000-03-15
Total Pages: 258
ISBN-13: 0230599478
DOWNLOAD EBOOK →This book explains the political background and describes the decision-making leading to European Monetary Union, as seen by a former central banker who participated in the process during more than two decades. Political rather than economic considerations were decisive in establishing EMU. French-German relations in particular form a thread that runs through the book, notably French efforts to replace German monetary domination by a form of decision-making France can influence. Thus, the issues involved are issues of power, though often presented in technical terms of economics.
Author: Kenneth Dyson
Publisher: OUP Oxford
Published: 1999-10-28
Total Pages: 881
ISBN-13: 0191521191
DOWNLOAD EBOOK →Economic and monetary union in the European Union represents a massive change for Europe and for the world. The Road to Maastricht identifies why the agreement was possible and how the agreement was made. The book examines the motives that inspired European political leaders, the strategies that they pursued, and the institutions that were used to achieve monetary union. Drawing on a wide range of sources and unprecedented research and interviews, the book combines careful political analysis with new information about the way in which European Monetary Union was negotiated. It delves into the complex forces at work in Europe, including the cross-national political interactions, to produce an authoritative account of the boldest and riskiest venture in the history of European integration.
Author: Daniel Gros
Publisher: Longman Publishing Group
Published: 1998
Total Pages: 592
ISBN-13:
DOWNLOAD EBOOK →This text provides an unrivalled account of the history, theory and practice of monetary integration in Europe.
Author: Scheherazade S. Rehman
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 478
ISBN-13: 9401153582
DOWNLOAD EBOOK →Sir Alan Walters ex-chief economic advisor to PM Margaret Thatcher Whether it succeeds or fails, Europe is everyone's concern. The idea of a united Europe has been entertained, even partially at least, achieved, inter alia, CharlemagI!e, Napoleon, Hitler, and in our da)' by Spaak, Monet and Chancellor Kohl: the first three by military conquest, the last three by "negotiation" and the creation of integrating institutional arrangements. The motives varied from the twisted paranoia of the Nazis to the idealism of SpaaklMonet/Kohl in avoiding conflicts and wars. Under the protection of NATO the European Coal and Steel Community soon was transformed into the EEC by the 1957 Treaty of Rome. The massive reduction of trade barriers, particularly between France and Germany, was rewarded by vigorous growth over the next 15 years. Even as late as 1972, when Britain acceeded to the Treaty of Rome, the EEC was thought to be lar~ely a customs union: in de Gaulle eyes the EEC was simply a collection of sovereISJ:l states who cooperated primarily on trade. Each state however enjoyed a veto; deCIsions had to be unanimous.
Author: Malcolm Crawford
Publisher: Springer
Published: 2016-07-27
Total Pages: 390
ISBN-13: 134925035X
DOWNLOAD EBOOK →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.
