The Euro

Author by : Amy Verdun
Languange : en
Publisher by : Rowman & Littlefield
Format Available : PDF, ePub, Mobi
Total Read : 67
Total Download : 425
File Size : 48,8 Mb
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Description : With euro banknotes and coins starting to circulate as of January 2002, this timely book comes at a crucial juncture for the European Union. Exploring the origins of and progress toward the introduction of the euro, the contributors focus on the importance of economic and monetary union (EMU) as part of the larger process of European integration. Thus, chapters consider the value and limits of a range of theoretical approaches for understanding economic and monetary integration, the pros and cons of EMU's institutional design, and country-specific experiences. With an international group of leading scholars representing a range of disciplines, this book offers a broad perspective on the dynamics of EMU.


The Euro

Author by : Chris Mulhearn
Languange : en
Publisher by : Edward Elgar Publishing
Format Available : PDF, ePub, Mobi
Total Read : 64
Total Download : 764
File Size : 40,8 Mb
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Description : This title provides a comprehensive overview of the development and design of the European Monetary Union, as well as an intriguing discussion of its prospects for future enlargement.


The Euro

Author by : Philip Arestis
Languange : en
Publisher by : Edward Elgar Publishing
Format Available : PDF, ePub, Mobi
Total Read : 12
Total Download : 969
File Size : 44,5 Mb
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Description : The authors offer a sustained argument that the single currency as currently implemented does not promise to deliver prolonged growth. They contend that the economic impact of the euro, and its accompanying institutions, is likely to be destabilising and deflationary; that the political impact is profoundly undemocratic and that the social consequences are likely to be deleterious. They do not reject the concept of a single currency but are highly critical of policy arrangements such as the Stability and Growth Pact which govern the euro. The authors propose alternative policy and institutional arrangements within which the euro should be embedded. They demonstrate that these would have the benefits of a single currency whilst avoiding many of the potential costs identified by detractors.


The Euro Mediterranean Partnership

Author by : Richard Gillespie
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 26
Total Download : 714
File Size : 45,7 Mb
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Description : Established in 1995, the Euro-Mediterranean Partnership aims to create a free trade area including 30 countries and 800 million people by early in the 21st century. This book offers an assessment of the Partnership and its aims.


The Politics Of The Euro Zone

Author by : Kenneth Dyson
Languange : en
Publisher by : OUP Oxford
Format Available : PDF, ePub, Mobi
Total Read : 38
Total Download : 464
File Size : 44,7 Mb
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Description : The Euro-Zone represents the single most important step in European Integration since 1957 and one of the boldest economic, monetary, and political projects in modern history. In this first major study, the author examines the major political questions raised by the birth of the Euro-Zone on January 1 1999 and argues for a more politically informed analysis and assessment of its nature, operation, and prospects. How does the Euro-Zone operate? What does it mean for European States and for the political strategies of governments? How is its operation to be explained? What are its prospects for stability? What kinds of policies are needed to strengthen its capacity to withstand crisis? The book stresses the ECB-centric nature of the Euro-Zone and its implications both for policy and polices in Europe and for theories of integration. The ECB emerges as a powerful 'policy pusher' and 'ideational leader', with an authority and power exceeding that of the European Commission in the integration process. Dyson examines the elated problems of social justice, democratic consent, and identity. He also argues that the Euro-Zone represents a process of transition to the EU as a 'stabilization Staten An innovative aspect of the book is its application of a strength-strain model for the purpose of analyzing and assessing the stability of the Euro-Zone. It concludes that the stability of the Euro-Zone will be strongly conditioned by three factors: how Kantian rather than Hobbesian or Lockeian its political culture proves to be, with a key reproducibility failing here on the quality of political leadership; its possession of policy interments to tackle liquidity as well as debt traps; and the speed and efficiency of mechanisms of 'bench marking, policy transfer, and 'lesson-drawing'.


The Euro Mediterranean Migration System

Author by : Stéphane de Tapia
Languange : en
Publisher by : Council of Europe
Format Available : PDF, ePub, Mobi
Total Read : 70
Total Download : 808
File Size : 41,5 Mb
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Description : The Euro-Mediterranean region can be seen as the focal point for movements between south and north. Starting with this observation, the author addresses the migration problems of the countries on the northern shore of the Mediterranean and the immigration countries of the European Union, which recruit labour from the southern shore (for example, Moroccans working in France, Belgium and Great Britain, Turks in Germany, France, Benelux and Scandinavia, Algerians in France and Tunisians in France and Italy). He also deals with the new immigration countries on the northern shore (Spain, Italy and Greece), as well as the emigration and transit countries of the southern and eastern shores. This work is intended to provide the reader with a critical overview of the existing literature on the theme of "co-development" based on sources in various languages, highlighting matters likely to form part of needs of both immigration countries and countries of origin, and taking account of the questions raised by the experts.


The Euro Inflation And Consumers Perceptions

Author by : Paolo Giovane
Languange : en
Publisher by : Springer Science & Business Media
Format Available : PDF, ePub, Mobi
Total Read : 23
Total Download : 560
File Size : 40,9 Mb
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Description : On 1 January 2002, euro banknotes and coins were introduced in twelve EU Member States. Three more countries joined in the following years, and over 300 million people now use the euro in their daily transactions. The currency changeover was a technical success. From the very start, however, the vast majority of euro area citizens held the single currency responsible for a sharp rise in prices and a subsequent decline in their personal economic fortunes. This book puts forward convincing empirical evidence, primarily drawn from Italy’s experience, to establish whether the introduction of the euro has had a major impact on prices, and if not, why so many people believe it has. Its significance lies not only in the documentation of a historic event, but also and more importantly, in the lessons it provides, which concern the public’s understanding of inflation, the correct assessment of the effects of the single currency, and the need for appropriate measures when other countries adopt the euro.


Introducing The Euro As Legal Tender Benefits And Costs Of Eurorization For Cape Verde

Author by : Patrick Imam
Languange : en
Publisher by : International Monetary Fund
Format Available : PDF, ePub, Mobi
Total Read : 99
Total Download : 651
File Size : 43,9 Mb
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Description : In recent years, recommendations for countries to unilaterally dollarize/eurorize have become common, particularly when the countries lack economic credibility. After exploring the characteristics of dollarizing/eurorizing economies, we look at the merits and costs of unilateral eurorization for Cape Verde, a highly tourism based economy that has become increasingly integrated into the euro-zone area and that has a strong macroeconomic track record. We illustrate that neither the benefits nor the costs of unilateral eurorization are large and conclude that there is no compelling case to change the current exchange rate arrangement at this point in time. Econometrically, we assess the characteristics of dollarized economies and demonstrate that few of them apply to Cape Verde, further confirming that Cape Verde does not fit the pattern of most dollarizing countries.


The Impact Of The Euro On Latin America

Author by : Dorte Verner
Languange : en
Publisher by : World Bank Publications
Format Available : PDF, ePub, Mobi
Total Read : 98
Total Download : 703
File Size : 40,8 Mb
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Description : "Trade between the European Union (EU) and developing countries is important—around 22 percent of the EU's exports go to developing countries, while 20 percent of the EU's imports originate in those countries. More specifically, trade between Latin America and the EU has ballooned in recent times..."What are the risks and opportunities facing the Latin American and Caribbean (LAC) region from the introduction of the euro? Will the replacement of the European currency basket by the euro have real economic effects, or will it be little more than an accounting phenomenon? This slim volume attempts to answer those questions. In doing so it covers the current economic situation, presents financial flow, discusses the value and volatility of the euro, and the financial implications of the euro, including the banking system and foreign debt and reserve management. Overall, the report gives a broad picture of the possible impact of the euro on the LAC region.