The Political Economy Of Monetary Solidarity: Understanding The Euro Experiment.

The Political Economy Of Monetary Solidarity: Understanding The Euro Experiment

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ISBN details

  • ISBN 10: 0198717938
  • ISBN 13: 9780198717935


Overview

The book explains how a currency union of very different member states can work and does work. This should be of interest not only to readers interested in Europe but also in the United States, as the monetary-financial history of the US reveals striking parallels with the stability problems that characterize the euro area today. There are also contemporary parallels between the two currency unions, including the limited efficacy of migration as a mechanism forregional adjustment and the insurance provided by cross-border payments mechanisms against sudden stops of trade finance. This book provides a new perspective that is up-to-date with the latestrethinking of economic and financial integration.

Other Details

  • Publisher: Oxford University Press,
  • Language: Eng English
  • Format: print
  • Edition: 1
  • Dimensions: xii, 370 pages : illustrations ; 24 cm
  • Pages: 408
  • Date Published: 2017
  • Authors: Schelkle, Waltraud (author.)