Economics of Monetary Unions

Name: Economics of Monetary Unions
Brand: Taylor & Francis

Taylor & Francis

The Economics of Monetary UnionsPast Experiences and the Eurozone\nAuthor(s): Juan E. Castaeda, Alessandro Roselli, Geoffrey E. Wood\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780367347864, 978-0367347864\nSynopsis\nIn this book, a historical analysis of the precedents of the euro is examined within the context of the current issues affecting the Eurozone and the long-term effects of the institutional changes implemented since 2010. \n\nThe book begins by placing the Eurozone challenges in the historical context of previous monetary unions, drawing on the experience of the gold standard. It then specifically focuses on the problems arising from the running of permanent trade imbalances within the Eurozone. The authors explore the advantages and disadvantages of being a member of the Eurozone and attempt to measure the optimality of a currency area by the calculation of an index on internal macroeconomic asymmetries. They addr.