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Item Details
Title:
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INCLUSION OF CENTRAL EUROPEAN COUNTRIES IN THE EUROPEAN MONETARY UNION
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By: |
Paul de Grauwe (Editor), Vladimir Lavrac (Editor) |
Format: |
Hardback |

List price:
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£149.00 |
We believe that this item is permanently unavailable, and so we cannot source
it.
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ISBN 10: |
0792383850 |
ISBN 13: |
9780792383857 |
Publisher: |
SPRINGER |
Edition: |
1999 ed. |
Pages: |
223 |
Description: |
The creation of the EMU and the introduction of the Euro is a historic event for the EU countries. This book focusses on the direct issue of relevance for the Central European countries with respect to the EMU - why, how and when these countries are expected to join the EMU? |
Synopsis: |
The creation of the European Economic and Monetary Union (EMU) and the introduction of the euro is a historical event for the EU countries. The debates on the desirability of the EMU provoked a vast economic literature dealing with the theory of the optimum currency area, costs and benefits of the EMU, symmetric vs. asymmetric shocks, alternative mechanisms of adjustment in a monetary union and so forth. Until recently, for the Central European candidate countries for a full membership in the EU, these issues seemed to be too far away, as they concentrated on devising their own monetary and exchange rate systems suitable for their transition period. The challenges of the EMU for the Central European countries were practically not dealt with in both Western and Eastern economic literature. The present book aims to fill this gap, by focusing on the most direct issue of relevance for the Central European countries with respect to the EMU - why, how and when these countries are expected to join the EMU. The papers included in this volume study the relationship between the EU accession process of the Central European candidate countries and their involvement in the process of European monetary integration. |
Illustrations: |
XI, 223 p. |
Publication: |
Netherlands |
Imprint: |
Springer |
Returns: |
Returnable |
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