European Monetary Union

European Monetary Union

Taylor & Francis

Providing a detailed overview of the financial implications of European Monetary Union, this collection contains contributions by leading academics, politicians and professional financial specialists from a number of European countries. > A detailed analysis of the economic effects of the changeover to a unified European currency and the pressures caused by a dual-currency system over the transition period to the Euro. Subjects discussed include:* fiscal transfer payments: the implications of the US structure for the EMU* consequences of parallel currency 1999-2002* feasibility of a single currency without the exchange rate mechanism* the relationship between the UK and Europe* accounts of moves towards monetary union in Austria, Portugal and Finland. > 1 THE CHANGEOVER TO A UNIFIED EUROPEAN CURRENCY: WHY A \u2018BIG BANG\u2019 APPROACH IS NECESSARY 2 FISCAL TRANSFER PAYMENTS: IMPLICATIONS OF US STRUCTURE FOR THE EUROPEAN MONETARY UNION 3 EUROPEAN MONETARY UNION: SINGLE CURRENC.

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