Download or read book The Development of the European Monetary Union and Its Influence on Switzerland written by and published by . This book was released on 1996 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Possible Effects of European Monetary Union on Switzerland written by Mr.Douglas Laxton and published by International Monetary Fund. This book was released on 1997-03-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the possible effects on Switzerland of asset preference shifts in favor of Swiss-franc-denominated assets that could result from EMU. Alternative policy responses to temporary and persistent asset preference shifts and the consequent pressures for exchange rate appreciation are examined. Simulations of a stylized macroeconomic model of the Swiss economy indicate that monetary policy is likely to be the most effective tool for stabilizing output in the short run, but at the cost of a temporary increase in inflationary pressures. The simulations highlight the dilemmas faced by policymakers in an environment with low inflation and nominal interest rates.
Download or read book The European Monetary Union and Switzerland written by Andrew Lee and published by . This book was released on 2001 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Emu Financial Markets and the World Economy written by Thomas Moser and published by . This book was released on 2006 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: On January 1, 1999, 11 of the 15 member countries of the European Union(EU) entered the third and final stage of European Economic and Monetary Union (EMU). Notwithstanding some minor and quickly resolved problems in the TARGET payments system and some volatility in overnight interest rates, the introduction of the euro was smoother than many observers had previously expected. For the world economy, the euro's launch was the largest change to the international monetary system since the breakdown of the Bretton Woods system in the early 1970s. This paper gives an overview of the contributions to the conference EMU and the Outside World, which was held at the Swiss Federal Institute of Technology (ETH) in Zurich on December 11, 1998, i.e., on the eve of the final stage of European Economic and Monetary Union (EMU).
Download or read book Switzerland and the European Economic and Monetary Union written by Schweiz. Interdepartementale Arbeitsgruppe "Euro". and published by . This book was released on 1998 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Making the European Monetary Union written by Harold James and published by Harvard University Press. This book was released on 2012-11-19 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe’s financial crisis cannot be blamed on the Euro, Harold James contends in this probing exploration of the whys, whens, whos, and what-ifs of European monetary union. The current crisis goes deeper, to a series of problems that were debated but not resolved at the time of the Euro’s invention. Since the 1960s, Europeans had been looking for a way to address two conundrums simultaneously: the dollar’s privileged position in the international monetary system, and Germany’s persistent current account surpluses in Europe. The Euro was created under a politically independent central bank to meet the primary goal of price stability. But while the monetary side of union was clearly conceived, other prerequisites of stability were beyond the reach of technocratic central bankers. Issues such as fiscal rules and Europe-wide banking supervision and regulation were thoroughly discussed during planning in the late 1980s and 1990s, but remained in the hands of member states. That omission proved to be a cause of crisis decades later. Here is an account that helps readers understand the European monetary crisis in depth, by tracing behind-the-scenes negotiations using an array of sources unavailable until now, notably from the European Community’s Committee of Central Bank Governors and the Delors Committee of 1988–89, which set out the plan for how Europe could reach its goal of monetary union. As this foundational study makes clear, it was the constant friction between politicians and technocrats that shaped the Euro. And, Euro or no Euro, this clash will continue into the future.
Download or read book EMU Financial Markets and the World Economy written by Thomas Moser and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is based on the conference "EMU and the Outside World", held at the Swiss Federal Institute of Technology (ETH), December 11, 1998. The conference was organized by the Swiss Institute for Business Cycle Research (KOF), which is supported jointly by the ETH and the Swiss Society for Business Cycle Research (SGK), an organization comprising representatives from private industry, the Swiss National Bank and public authorities. On the eve of the final stage of European Economic and Mone tary Union (EMU), Zurich seemed to be a particularly appropriate place for such a conference. On the one hand, given its location and economic and financial links with the euro area, Switzerland is one of the "outside coun tries" most affected by EMU. On the other hand, it was nowhere else than in Zurich where the vision of "a United States of Europe" was expressed for the first time by Winston Churchill in his speech on September 19, 1946. For many EMU is a step in that direction, whether welcome or not. Most of the papers appearing in this volume were presented at the con ference and have been revised and updated. Three contributions, chapter 11- 13, were commissioned specially for this publication. Besides the authors of the chapters, special thanks are due to Guido Boller, Robert McCauley, Umberto Schwarz, and Charles Wyplosz.
Download or read book Switzerland and the European Union written by Clive H. Church and published by Routledge. This book was released on 2007-01-24 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates the range, depth and complexity of Switzerland’s developing relations with Europe and provides detailed and up-to-date information on Switzerland itself.
Download or read book The European Monetary Union and Switzerland s Future as a safe Heaven written by Petra Gerlach-Kristen and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The European Monetary Union and Switzerland s Future as a safe Haven written by Petra Gerlach-Kristen and published by . This book was released on 2004 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Switzerland Face to Economic and Monetary Union in Europe written by Schweiz. Kommission für Konjunkturfragen and published by . This book was released on 1996 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Switzerland written by International Monetary Fund and published by International Monetary Fund. This book was released on 1997-04-08 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper and Statistical Appendix assesses Switzerland’s recent real GDP performance in terms of underlying movements in potential output and the cyclical output gap. The paper highlights that Swiss real GDP has been stagnant since 1990, after expanding at an average rate of some 13⁄4 percent during 1977–90. The evidence presented indicates that potential output growth during 1991–95 was significantly below historical average. This paper also tries to assess the possible effects of stage 3 of European Monetary Union on Switzerland.
Download or read book Switzerland and Euroland written by Martin Hellwig and published by . This book was released on 2007 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic and Monetary Union written by Financial Law Panel (London) and published by . This book was released on 1997 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Monetary Union written by Oliver Adler and published by . This book was released on 1996 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics of Monetary Union written by Paul de Grauwe and published by Oxford University Press. This book was released on 2016 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics of Monetary Union provides concise analysis of theories and policies relating to monetary union. It addresses current issues surrounding the Eurozone, including; costs and benefits of possible exits by member countries, an analysis of the role of the ECB as new single supervisor and detail on the sovereign debt crisis.
Download or read book European Monetary Union Since 1848 written by Willem Frans Victor Vanthoor and published by Edward Elgar Publishing. This book was released on 1996 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative book - based on actual historical experience - advances the controversial idea that European Monetary Union will only succeed if supported by much closer political union between the member states. A careful analysis of initiatives in the nineteenth century shows that if a monetary union is based on an agreement between autonomous states, tensions arise which eventually destroy the arrangements. This leads to the conclusion that political union is a prerequisite not only for the sustainability of a monetary union, but also and especially for its irreversibility.
