The Political Economy of Monetary Union - 9780415174428

Taylor & Francis

Drawing on their experience in the European financial markets, the authors use a non-technical approach to discuss these issues - both in a general sense and in specific country experiences. > This book places the whole issue of monetary union in its wider political economic context. The authors discuss:* the effect of EMU on fiscal and monetary policies* Central bank independence* the impact of EMU on unemployment* ERM II* international perspectives.Drawing on their experience in the European financial markets, the authors use a non-technical approach to discuss these issues - both in a general european sense and more specifically, Germany, the UK and Italy. > Chapter 1 Introduction; Chapter 2 Monetary Union: To be or Not to be?; Chapter 3 German Unification and EMU; Chapter 4 Solving the Deficit Puzzle; Chapter 5 In Bundesbank Clothes; Chapter 6 Central Banks Get Eclectic; Chapter 7 European Unemployment; Chapter 8 German Unemployment; Chapter 9 Bubbles, Crises and Interventia