The Euro in the 21st Century - 9781409404187

Name: The Euro in the 21st Century - 9781409404187
Brand: Taylor & Francis

Taylor & Francis

Current economic imbalances are causing some Eurozone Member States to rethink their economic and political views concerning the euro. This timely work clarifies perceptions of the euro and demonstrates that it has become a true common currency, and the Eurozone an optimal currency area. The book is a valuable contribution to the literature on Political Economy, Economics, and International Relations. > The Euro in the 21st Century clarifies the perception of the euro and empirically demonstrates that the euro has become a true common currency and the Eurozone a true optimal currency area, presenting, in turn, a model to imitate. In order to demonstrate this, this study analyzes the economic and monetary requirements and policies required to introduce a common currency as well as the theoretical underpinnings of both the European integration process and the historical economic, monetary, political, and social circumstances that favoured the creation of the economic and monetary unA