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Economic thought and the making of European Monetary Union : selected essays of Ivo Maes /
Ivo Maes.
Cheltenham : Edward Elgar, c2002.
xx, 202 p. : ill. ; 25 cm.
1840648007 :
More Details
uniform title
Cheltenham : Edward Elgar, c2002.
1840648007 :
catalogue key
Includes bibliographical references and index.
A Look Inside
About the Author
Author Affiliation
Ivo Maes is a Deputy Head of the Research Department at the National Bank of Belgium, and a Professor at the University of Leuven and at the ICHEC, Brussels, Belgium. He was formerley an Administrator at the Commission of the European Communities, and a Visiting Professor at Duke University
This item was reviewed in:
Reference & Research Book News, August 2002
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Bowker Data Service Summary
This text contains selected essays by Ivo Maes on the European Monetary Union.
Main Description
Maes has written a valuable and readable book, proving the value of having historians of economics write about contemporary macroeconomic policy debates. Robert W. Dimand, Research in the History of Economic Thought and Methodology . . . Ivo Maes s essays on European monetary integration are of particular value because of the importance of the issues involved, which are so sensitive politically, and from the standpoint of national sovereignty. Here, as elsewhere, Maes s combination of historical knowledge and analytical insight will be helpful to students of all ages and to intelligent laymen seeking to understand how we got where we are. From the foreword by A.W. Coats, University of Nottingham, UK and Duke University, US . . . This volume offers a very useful contribution to the dialogue between the academic community and the world of European economic policy-making . . . By highlighting crucial forces in the integration process, it comes into the area where history borders on, and flows over into, a more prospective analysis. From the foreword by G. Quaden, Governor of the National Bank of Belgium, Member of the Governing Council of the European Central Bank This valuable book examines the interaction between economic ideas and the policy-making process in Europe, centred around the creation of European Monetary Union. The essays cover three broad areas: early debates on European monetary integration, economic thought at the European Community institutions, and the establishment of Economic and Monetary Union (EMU) in Europe. Core elements of the book are analyses of Europe s quest for exchange rate stability and of the debates on the nature of EMU and the path towards it. With the aid of crucial case studies, Ivo Maes goes on to chart the growing awareness among policymakers of the increasing interdependence between Europe s economies and the rise of a new medium-term, stability-oriented policy conception both vital and necessary factors in the genesis of EMU. Drawing on the extensive experience of the author, both as an academic and a senior official involved in European economic policy-making, this book undoubtedly contributes towards a better understanding of the role of economic ideas in the process of European monetary integration. It will be an important addition to the literature on EMU and will be required reading for scholars and policymakers in the fields of economics, European studies and the history of economic thought.
Table of Contents
List of Figuresp. vii
List of Tablesp. viii
List of Annexesp. ix
Forewordp. xi
Forewordp. xiii
Introductionp. xv
Early Debates on European Monetary Integrationp. 1
State and market in post-war integration theoryp. 3
Optimum currency area theory and European monetary integrationp. 13
Monetary integration debates in the 1970sp. 29
Economic Thought at the European Community Institutionsp. 47
The development of economic thought at the European Community institutionsp. 49
Macroeconomic thought at the European Commission in the 1970s: The first decade of the Annual Economic Reportsp. 81
Macroeconomic thought at the European Commission in the first half of the 1980sp. 105
The Making of European Monetary Unionp. 129
EMU from a historical perspectivep. 131
Indexp. 195
Table of Contents provided by Syndetics. All Rights Reserved.

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