Adjusting to EMU

Adjusting to EMU PDF Author: B. Ardy
Publisher: Springer
ISBN: 0230554741
Category : Business & Economics
Languages : en
Pages : 363

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Book Description
This book provides an original and wide-ranging analysis of the impact of Economic and Monetary Union (EMU) on economic governance in the EU and in several key Member States within and outside the Euro area. Its emphasis is on adaptation: how EMU encourages change in national and EU institutions and in national economic regimes. It brings together economic, political science and legal perspectives to explain how national economies adapted, the dynamics of policy-making and the complex web of laws, processes and actors in the EMU.

Adjusting to EMU

Adjusting to EMU PDF Author: B. Ardy
Publisher: Springer
ISBN: 0230554741
Category : Business & Economics
Languages : en
Pages : 363

Get Book Here

Book Description
This book provides an original and wide-ranging analysis of the impact of Economic and Monetary Union (EMU) on economic governance in the EU and in several key Member States within and outside the Euro area. Its emphasis is on adaptation: how EMU encourages change in national and EU institutions and in national economic regimes. It brings together economic, political science and legal perspectives to explain how national economies adapted, the dynamics of policy-making and the complex web of laws, processes and actors in the EMU.

European Monetary Unit and Portfolio Adjustment

European Monetary Unit and Portfolio Adjustment PDF Author: Kpate Adjaouté
Publisher:
ISBN:
Category : Euro
Languages : en
Pages : 65

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Book Description


EMU and Portfolio Adjustment

EMU and Portfolio Adjustment PDF Author: Kpate ADJAOUTÉ
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Two Tiers Or Two Speeds?

Two Tiers Or Two Speeds? PDF Author: James Sperling
Publisher: Manchester University Press
ISBN: 9780719054020
Category : History
Languages : en
Pages : 244

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Book Description
The sudden transformation of the Cold War security order in 1989 altered the structure of the European state system, and necessitates the striking of a new balance between the economic, political and military requirements of security. This volume focuses on the most important institutions of European security, the European Union and NATO. Both institutions are expanding, especially eastwards, in terms of their respective roles and membership.

The Exchange Rate and Macroeconomic Adjustment

The Exchange Rate and Macroeconomic Adjustment PDF Author: Great Britain. Treasury
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 92

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Book Description
This publication is part of a set of 18 documents which have been prepared by H.M. Treasury to inform the assessment of the Government's five economic tests for Economic and Monetary Union (EMU) entry into the euro area. It focuses on short and medium run movements in the exchange rate and considers whether such movements tend to be a stabilising reaction to changes in aggregate supply and demand, or whether they tend to be destabilising. Issues discussed include: how exchange rate is determined and its role in the adjustment process; an interpretation of sterling's strength against the euro since 1996; and a comparison of overall exchange rate volatility inside and outside of EMU. The study contains both theoretical and empirical analysis.

Adjustment in EMU

Adjustment in EMU PDF Author: Sven Langedijk
Publisher:
ISBN: 9789279046261
Category : European Economic Community countries
Languages : en
Pages : 43

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Book Description


Adjustment and Growth in the European Monetary Union

Adjustment and Growth in the European Monetary Union PDF Author: Francisco Torres
Publisher: Cambridge University Press
ISBN: 052144019X
Category : Business & Economics
Languages : en
Pages : 406

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Book Description
The Maastricht Treaty, signed in December 1991, set a timetable for the European Community's economic and monetary union (EMU) and clearly defined the institutional policy changes necessary for its achievement. Subsequent developments have demonstrated, however, the importance of many key issues in the transition to EMU that were largely neglected at the time. This volume reports the proceedings of a joint CEPR conference with the Banco de Portugal, held in January 1992. In these papers, leading international experts address the instability of the transition to EMU, the long-run implications of monetary union and the single market for growth and convergence in Europe. They also consider the prospects for inflation and fiscal convergence, regional policy and the integration of financial markets and fiscal systems. Attention focuses on adjustment mechanisms with differentiated shocks, region-specific business cycles and excessive industrial concentration and the cases for a two-speed EMU and fiscal federalism.

Macroeconomic Perspectives on the Danish Economy

Macroeconomic Perspectives on the Danish Economy PDF Author: T. Andersen
Publisher: Springer
ISBN: 0230501036
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
An authoritative and comprehensive guide to major economic policy issues in Denmark. Leading Danish and international economists discuss, in comparative context, the Danish economy's performance in the last 40 years, and assess the challenges which Denmark - in common with other small, open economies - faces in the global economy today. Major features include the continuing of academic analysis with policy-making experience and expertise, and the examination of topical issues including the impact of EMU on 'outsider' nations.

Financial Crises and the Politics of Macroeconomic Adjustments

Financial Crises and the Politics of Macroeconomic Adjustments PDF Author: Stefanie Walter
Publisher: Cambridge University Press
ISBN: 1107028701
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
This book explains why governments respond differently to macroeconomic problems and why necessary reforms are sometimes delayed until a serious financial crisis erupts. It argues that voter vulnerability to different reform strategies varies, and that these vulnerabilities influence the type and timing of governments' policy responses to economic crises. Empirical analyses at both the individual level across a broad range of countries and case studies of national policy responses to financial and economic crises in Asia and Eastern Europe support the argument.

Macroeconomic Policy in the European Monetary Union

Macroeconomic Policy in the European Monetary Union PDF Author: Francesco Farina
Publisher: Routledge
ISBN: 1134109385
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
Providing readers with a multi-faceted assessment of the implementation of fiscal policies in the euro zone and their macroeconomic effects five years after the inception of the euro, this book, international in perspective and scope, is the first reliable reference source for discussions in this area for both academics and policy makers. Comprising contributions from distinguished researchers from different European countries and institutions the issues addressed include the: monetary and fiscal policy-mix evolution and control of fiscal aggregates over the business cycle and their implications for the SGP rules accountability of debt evolution financial spill-over of national fiscal policies measurement and assessment of automatic stabilizers. Based on empirical evidence as well as being firmly rooted in theoretical analyses and giving particular emphasis to the constraint of the Stability and Growth Pact on the one hand and the presence of a single monetary policy on the other, this book is an invaluable tool students and researchers engaged with macroeconomic stabilization and monetary and fiscal policy interactions, as well as professionals in the public sector and the financial institutions of the EU.