Download or read book European Monetary Union the Problems of the Transition to a Single Currency ed Banca Nazionale Del Lavoro written by Banca Nazionale del Lavoro (Roma) and published by . This book was released on 1996 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Monetary Union written by and published by . This book was released on 1996 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European monetary union written by Niels Thygesen and published by . This book was released on 1996 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Monetary Union the Problems of the Transition to a Single Currency written by Association for the Monetary Union of Europe and published by . This book was released on 1996 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Monetary Union the problem of the transition to a single currency written by Alessandro Roncaglia and published by . This book was released on 1996 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Monetary Union written by Paul J.J. Welfens and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 463 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paul J. J. Welfens European monetary union has been discussed for more than three decades and is likely to be realized in 1999. One may anticipate generous interpretations of the fiscal convergence criteria. Such generosity consistent with the Maastricht Treaty might impair the credibility of the ECB and the stability of the Euro, respectively, despite the fact that inflation is a monetary phenomenon and has little to do with government deficits, unless they were financed via the printing press, which is excluded in the Maastricht Treaty. The European Commission's forecast of spring 1997 suggests that Italy will have problems in joining the EMU starter group as the is expected to be 3. 2% in 1997 and even 3. 9% in 1998. A Italian deficitlGDP ratio fully developed EMU group (with all 15 cowltries included) would represent 38% of the OECD GDP, slightly higher than the U. S. with 33% (Japan 21%). The exports/GDP ratio of EU countries is 30%, the ratio with respect to exports outside the EU would be 10% (Japan, U. S. 8%). The share of the U. S. dollar in international currency reserves fell from 67% to 40% in 1995, while the share of European currencies increased from 13% to 37%. Prior to the EMU, market participants have to anticipate whether a transition to 1999 will bring windfall losses or gains in various bond markets.
Download or read book Monetary Union Employment and Growth written by Pier Carlo Padoan and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Monetary Union, Employment and Growth provides a thorough and well-developed analysis of the macroeconomic and microeconomic implications of the single currency.' - Terrence Casey, Journal of European Area Studies 'This book offers an in-depth discussion of two highly topical European issues - the single currency and unemployment - making it suitable for professional economists and post-graduate students in economics, international relations and European studies.' - European Access There exists a twofold relationship between the factors affecting adoption of a single currency in Europe, employment, and growth. On one hand, the operation of the euro will be hindered if rigidities in labour and product markets persist - hence low employment and slow growth may be a cause of poor performance of the single currency. On the other hand, the functioning of the euro will affect future patterns of European employment. Pier Carlo Padoan and his distinguished group of contributing authors go beyond the common European-based debates to consider the impact of the euro as a global currency on the evolution of European labour, product, and regional markets.
Download or read book European Monetary Union written by Prof H M Scobie and published by Routledge. This book was released on 1998-01-01 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed analysis of the economic effects of the changeover to a unified European currency and the pressures caused by a dual-currency system over the transition period to the Euro. Subjects discussed include:* fiscal transfer payments: the implications of the US structure for the EMU* consequences of parallel currency 1999-2002* feasibility of a
Download or read book The Road to Monetary Union Revisited written by John F. Chown and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Monetary Union written by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Domestic and International Monetary Policy and published by . This book was released on 1998 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The European Monetary Institute in the Transition to European Monetary Union written by Michele Fratianni and published by . This book was released on 1992 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Transition to Economic and Monetary Union written by Thu-Mai Ho-Kim and published by . This book was released on 1999 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Does the Single Eu Market Really Require a Single Currency written by Veronica Hagenfeldt and published by GRIN Verlag. This book was released on 2011-04 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Essay from the year 2009 in the subject Business economics - Economic Policy, University of Edinburgh (School of Law), course: Economics and Policy of European Integration, language: English, abstract: Part I of this paper will illustrate that although the currency union signified the next significant step along the European integration ladder that was built already back in 1958, it must be recognised that the single market is not yet fully established in Europe. Hence the phrasing of the title question suggests the reading of whether or not the single currency is absolutely necessary for the completion of the single market. Part II is dedicated to the central aim of this paper, namely to assess to what extent the common currency furthers, or indeed counteracts, the achievement of the fundamental single market objective. While this essay goes to lengths in highlighting the desirability of the single currency and its many benefits that help further the achievement of the single market, it does however maintain that the currency union is not absolutely necessary for the establishment of the common market. Indeed, as has been noted, "it is possible to have a single market without a single currency". Furthermore, as will be shown in the forthcoming sections of Part II, there are even situations in which the single currency might be harmful to the single market and to the Union. Although the answer to the title question of whether a single currency is really required must necessarily be in the negative since the single market could potentially exist without the euro, this essay will conduct an extensive evaluation of the successes and failures of the euro and the Economic and Monetary Union (EMU) to further the single market objective in order to illustrate that the euro has nonetheless both enabled it to function much more efficiently and helped to bring European economic and political integration to previously unknown levels. In this sense the single market
Download or read book The Road to EMU written by and published by . This book was released on 1992 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unresolved Issues on the Way to a Single Currency written by John Arrowsmith and published by . This book was released on 1996 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Se abordan en este libro los problemas planteados por el proceso de transicion hacia la moneda unica: los autores estudian los riesgos que para la viabilidad del propio proyecto de union monetaria plantean el calendario y los requisitos establecidos en Maastricht. En primer lugar, se analiza el calendario del proceso, sus posibles complicaciones y las hipoteticas reacciones de los mercados financieros ante estas. Despues, se toman en consideracion dos aspectos concretos de la transicion a la moneda unica: las relaciones entre los miembros y los no miembros de la UEM y el criterio del deficit publico. Concluye el estudio abogando por la necesidad de un mecanismo de seguridad para la hipotesis de un posible fracaso del proyecto de union monetaria. Contiene bibliografia. (rms).
Download or read book The Road to European Monetary Union written by André Szász and published by Springer. This book was released on 2000-03-15 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the political background and describes the decision-making leading to European Monetary Union, as seen by a former central banker who participated in the process during more than two decades. Political rather than economic considerations were decisive in establishing EMU. French-German relations in particular form a thread that runs through the book, notably French efforts to replace German monetary domination by a form of decision-making France can influence. Thus, the issues involved are issues of power, though often presented in technical terms of economics.
Download or read book Monetary Union in Crisis written by B. Moss and published by Springer. This book was released on 2004-12-09 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a radical reinterpretation of the European Community or Union as a neo-liberal construction. It was neo-liberal rather than classically liberal because it was designed and used as an external instrument to weaken the interventionist welfare state that protected working people and strengthened the hand of labor. It was founded on the vision of a free market untrammelled by public intervention and worked to ensure competition, sound money and profitability against the inflationary force of workers and unions and the welfare state. Monetary union in particular restored profitability but produced slow growth, mass unemployment, and insecurity and came under challenge, most dramatically in France, by working people from below. This view is substantiated by an economically based study of member-state performance and complemented by a series of national studies on the monetarist turn by leading scholars.
