Adjustment and Growth in the European Monetary Union

Adjustment and Growth in the European Monetary Union
Author :
Publisher : Cambridge University Press
Total Pages : 406
Release :
ISBN-10 : 9780521440196
ISBN-13 : 052144019X
Rating : 4/5 (19X Downloads)

Book Synopsis Adjustment and Growth in the European Monetary Union by : Francisco Torres

Download or read book Adjustment and Growth in the European Monetary Union written by Francisco Torres and published by Cambridge University Press. This book was released on 1993-10-21 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Maastricht Treaty, signed in December 1991, set a timetable for the European Community's economic and monetary union (EMU) and clearly defined the institutional policy changes necessary for its achievement. Subsequent developments have demonstrated, however, the importance of many key issues in the transition to EMU that were largely neglected at the time. This volume reports the proceedings of a joint CEPR conference with the Banco de Portugal, held in January 1992. In these papers, leading international experts address the instability of the transition to EMU, the long-run implications of monetary union and the single market for growth and convergence in Europe. They also consider the prospects for inflation and fiscal convergence, regional policy and the integration of financial markets and fiscal systems. Attention focuses on adjustment mechanisms with differentiated shocks, region-specific business cycles and excessive industrial concentration and the cases for a two-speed EMU and fiscal federalism.


Adjustment and Growth in the European Monetary Union Related Books

Adjustment and Growth in the European Monetary Union
Language: en
Pages: 406
Authors: Francisco Torres
Categories: Business & Economics
Type: BOOK - Published: 1993-10-21 - Publisher: Cambridge University Press

GET EBOOK

The Maastricht Treaty, signed in December 1991, set a timetable for the European Community's economic and monetary union (EMU) and clearly defined the instituti
Elusive Union
Language: en
Pages: 392
Authors: Kenneth H. F. Dyson
Categories: Business & Economics
Type: BOOK - Published: 1994 - Publisher: Longman Publishing Group

GET EBOOK

This study is concerned with the policy process by which the movement towards closer monetary integration, and the still very uncertain objective of EMU, has be
Economic Convergence in the Euro Area: Coming Together or Drifting Apart?
Language: en
Pages: 47
Authors: Mr.Jeffrey R. Franks
Categories: Business & Economics
Type: BOOK - Published: 2018-01-23 - Publisher: International Monetary Fund

GET EBOOK

We examine economic convergence among euro area countries on multiple dimensions. While there was nominal convergence of inflation and interest rates, real conv
Adjustment and Growth in the European Monetary Union
Language: en
Pages: 388
Authors: Francisco Torres
Categories: Monetary policy
Type: BOOK - Published: 1993 - Publisher:

GET EBOOK

Regional Monetary Integration
Language: en
Pages: 199
Authors: Peter B. Kenen
Categories: Business & Economics
Type: BOOK - Published: 2007-11-26 - Publisher: Cambridge University Press

GET EBOOK

This book surveys the prospects for regional monetary integration in various parts of the world. Beginning with a brief review of the theory of optimal currency