The New Political Economy of EMU
Erik Jones editor Daniel Gros editor Jeffry Frieden editor
Format:Paperback
Publisher:Rowman & Littlefield
Published:3rd Sep '98
Currently unavailable, and unfortunately no date known when it will be back
The creation of an economic and monetary union (EMU) in Europe is among the most important_and controversial_developments of the 1990s. This clear and balanced book brings together economists and political scientists to explain why the creation of a European monetary union is so contentious; how the debate has affected the political determination to construct a monetary union; and how it will influence the functioning of EMU into the next century. Focusing on how economics and politics interact both in the prelude to unification and in its aftermath, the authors provide an innovative analysis of a spectrum of related issues: how EMU relates to Europe's unemployment crisis, how it will affect the process of economic adjustment, what convergence means for the performance of the member states separately, and how the member states will decide both whether to participate themselves and whom else to admit to the monetary club.
This is a serious book, and the lay reader will have to brace himself for outbursts of economists' algebra here and there. So the question of whether monetary union will indeed lead to political union, and, if so, in what form, will in due course receive its final answer. Mr. Frieden's and Mr. Jones's analysis help illuminate the likely outcome.... * The Economist, May 1999 *
This is a serious book, and the lay reader will have to brace himself for outbursts of economists' algebra here and there. So the question of whether monetary union will indeed lead to political union, and, if so, in what form, will in due course receive its final answer. Mr. Frieden's and Mr. Jones's analysis help illuminate the likely outcome. * The Economist, May 1999 *
ISBN: 9780847690190
Dimensions: 229mm x 146mm x 12mm
Weight: 286g
216 pages