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The economics of the euro area : macroeconomic policy and institutions /
edited by Peter A.G. van Bergeijk, Ron J. Berndsen, W. Jos Jansen.
imprint
Cheltenham, UK ; Northampton, MA, USA : E. Elgar Pub., 2000.
description
xi, 268 p. : ill.
ISBN
1840641665
format(s)
Book
Holdings
More Details
imprint
Cheltenham, UK ; Northampton, MA, USA : E. Elgar Pub., 2000.
isbn
1840641665
catalogue key
3574926
 
Includes bibliographical references and index.
A Look Inside
Reviews
This item was reviewed in:
Reference & Research Book News, August 2000
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Summaries
Bowker Data Service Summary
This text examines the monetary integration of the group of countries which constitute the Economic and Monetary Union. It provides an analysis of macroeconomic policies within EMU and the economic analysis underlying the conduct of these policies.
Main Description
This book examines the monetary integration of the group of countries which constitute the Economic and Monetary Union (EMU), signalling the emergence of a truly European economy. The authors devote their considerable expertise to the analysis of macroeconomic policies within EMU and the economic analysis underlying the conduct of these policies. The authors first analyse the development of the euro area from a historical perspective. They then examine the criteria for the first eleven countries to qualify for EMU and speculate whether the same countries would have joined if the qualification date had been a year later. The authors go on to examine purely macroeconomic aspects of the euro area including: the degree of real convergence in the euro area the short-run and long-run determinants of the euro area s current account the euro area s financial markets and implications for the international role of the euro the organizational structure and internal procedures of the European System of Central Banks the Eurosystem s single monetary policy strategy fiscal policy and the Stability and Growth Pact exchange rate policy issues. This book will become required reading for scholars and policymakers in the area s of European studies, macroeconomic policy and financial economics.
Table of Contents
List of Figures, Tables and Boxesp. vii
List of Contributorsp. x
Prefacep. xi
At the Birth of the Euro Areap. 1
The Road to Emu
European Monetary Cooperation: From Rome to Maastrichtp. 21
Qualifying for Stage Three of EMUp. 39
Analysis of the Euro Area
The Real Economy of the Euro Areap. 65
Indicators for Inflationp. 89
External Economic Relations of the Euro Areap. 111
The Euro and the Financial Systemp. 133
Policy and Institutions
Institutional Setting of the European System of Central Banksp. 155
The Monetary Policy Strategy of the Eurosystemp. 179
The Pact for Stability and Growthp. 201
Exchange Rate Policy of the Euro Areap. 221
Referencesp. 241
Indexp. 259
Table of Contents provided by Syndetics. All Rights Reserved.

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