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Book synopsis

The eleventh edition of Economics of Monetary Union provides a concise analysis of the theories and policies relating to monetary union. The author addresses current issues surrounding the Eurozone, including; a critical discussion of the costs and benefits of possible exits by its member countries, an analysis of the role of the ECB as new single supervisor and detail on the sovereign debt crisis. In Part One the author examines the implications of adopting a common currency, assessing the benefit to each country from being a member of the Eurozone, whilst also questioning whether other parts of the world would gain from monetary unification. Part Two of the book looks at the problems of running a monetary union by analysing Europe's experience and the issues faced by the European Central Bank. Contents List Part One: Costs and Benefits of Monetary Union Chapter 1 The Costs of Common Currency Chapter 2 The Theory of Optimum Currency Areas: A Critique Chapter 3 The Benefits of a Common Currency Chapter 4 Costs and Benefits Compared Part Two: Monetary Union Chapter 5 The Fragility of Incomplete Monetary Union Chapter 6 How to Complete a Monetary Union? Chapter 7 The Transition to a Monetary Union Chapter 8 The European Central Bank Chapter 9 Monetary Policy in the Eurozone Chapter 10 Fiscal Policies in Monetary Unions Chapter 11 The Euro and Financial Markets Online Resource Centre The Online Resource Centre features: For Students: Links to data sources Essay questions Paul de Grauwe on Twitter Links to articles and papers For Lecturers: Instructor manual PowerPoint slides

Book details

Book category Books in English Economics, finance, business & management Economics Macroeconomics

• Full title: Economics of Monetary Union
• Author: Paul De Grauwe
• Language: English
• Binding: Paperback
• Number of pages: 280
• EAN: 9780198739876
• ISBN: 0198739877
• ID: 09359305
• Publisher: Oxford University Press
• Weight: 579 g
• Dimensions: 246 × 189 × 22 mm
• Date of publishing: 15. February 2016

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