30 Years of European Monetary Integration from the Werner Plan to EMU

30 Years of European Monetary Integration from the Werner Plan to EMU PDF Author: Alfred Steinherr
Publisher: Longman Publishing Group
ISBN:
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
This text reflects on both past achievements and on the fundamental issues facing further European monetary integration. It includes a copy of the Werner Plan, extracts from the German constitutional court on the ratification of Maastrich and contributions from political figures.

30 Years of European Monetary Integration from the Werner Plan to EMU

30 Years of European Monetary Integration from the Werner Plan to EMU PDF Author: Alfred Steinherr
Publisher: Longman Publishing Group
ISBN:
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
This text reflects on both past achievements and on the fundamental issues facing further European monetary integration. It includes a copy of the Werner Plan, extracts from the German constitutional court on the ratification of Maastrich and contributions from political figures.

The European Central Bank, Institutional Aspects

The European Central Bank, Institutional Aspects PDF Author: Rene Smits
Publisher: Kluwer Law International B.V.
ISBN: 9041106863
Category : Law
Languages : en
Pages : 610

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Book Description
Holländ., franz., dt., span. und ital. Zusammenfass.

Fiscal Aspects of European Monetary Integration

Fiscal Aspects of European Monetary Integration PDF Author: Andrew Hughes Hallett
Publisher: Cambridge University Press
ISBN: 9780521651622
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
A survey of fiscal policy under the restrictions of a single monetary policy and the Stability Pact.

Money and European Union

Money and European Union PDF Author: NA NA
Publisher: Springer
ISBN: 1349623709
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Bringing together the economics, politics, and history of the movement toward economic and monetary union (EMU), the author looks at such topics as the first significant attempt at EMU, the Werner report and its aftermath, and the development of the Maastricht Treaty and the crises that followed its signing.

Should Uk Enter the Emu

Should Uk Enter the Emu PDF Author: Hartwin Maas
Publisher: GRIN Verlag
ISBN: 3640148894
Category : Business & Economics
Languages : en
Pages : 54

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Book Description
Essay from the year 2005 in the subject Business economics - Economic Policy, grade: 1,2, Arnhem Business School (Arnhem Business School), course: International Economics, language: English, abstract: Since the beginning of the idea of the European Monetary Union (EMU), UK had a negative attitude towards a single monetary policy with a single currency. This antipathy was amplified on the one hand by the withdrawal of the European Exchange Rate Mechanism in 1992 caused by different economic policies, oil price rises and German unification and on the other hand by the launch of the EMU in 1999. In fact the UK government starts to work towards cooperation with the EMU by setting specific goals. But before taking further steps, the criteria of the Maastricht Treaty have to be fulfilled and the five economic tests assessed by the UK government have to be passed. Since 1997 the UK has made real progress towards meeting the five economic tests. Although there are arguments that in a long term the payback of joining EMU offset the costs, the benefits are too low and the costs too high at the moment. The idea of one currency in Europe has been around for many years. But according to Pitchford the true launching of the EMU process dates from the Werner Committee which was set up in 1970 and submitted its final report, called 'the Werner Report', in February 1971. The first major step for the implementation of the Werner plan was the European 'currency snake' in 1972. Through this arrangement the fluctuations between participants' exchange rates should be limited to ± 2.25%. However, this process was not effective because of the collapse of the Bretton-Woods regime which determined a fixed exchange rate in terms of gold. The UK joined the snake system just for one month. A further step was the creation of the European Monetary System (EMS) in 1979. The main objective of this system was to create monetary stability in Europe. This should be realized by the fixed rates between t

The European Monetary Union

The European Monetary Union PDF Author: Nicola Acocella
Publisher: Cambridge University Press
ISBN: 1108896987
Category : Business & Economics
Languages : en
Pages : 489

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Book Description
The European Union is at a crossroads. This book analyzes the historical roots of the EU's monetary and financial institutions in order to better understand its struggle to maintain an economic and monetary union, as well as the ongoing problems facing the Euro. The institutions of the EU are based on the operation of free markets, a common monetary policy, and the European Central Bank. These founding policies have created many of the imbalances at the root of the ongoing European recession. Reemerging threats of populism and localism are poised to further disintegrate the European construction and may spark fierce opposition between countries. Acocella engages with these risks, suggesting detailed actions for reform within the EU and its institutions that may steer it away from further conflict, allowing it to better serve its member states and citizens.

A Concise History of European Monetary Integration

A Concise History of European Monetary Integration PDF Author: Horst Ungerer
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
A comprehensive, concise--and unique--examination of the history of European monetary integration since the end of World War II, and how this fits into the anticipated economic and monetary union and closer political cooperation of European countries.

Conservative Liberalism, Ordo-liberalism, and the State

Conservative Liberalism, Ordo-liberalism, and the State PDF Author: Kenneth Dyson
Publisher: Oxford University Press
ISBN: 0192596209
Category : Political Science
Languages : en
Pages : 544

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Book Description
This book uses extensive original archival and elite interview research to examine the attempt to rejuvenate liberalism as a means of disciplining democracy and the market through a new rule-based economic and political order. This rebirth took the form of conservative liberalism and, in its most developed form, Ordo-liberalism. It occurred against the historical background of the great transformational crisis of liberalism in the first part of the twentieth century. Conservative liberalism evolved as a cross-national phenomenon. It included such eminent and cultured liberal economists as James Buchanan, Frank Knight, Henry Simons, Ralph Hawtrey, Jacques Rueff, Luigi Einaudi, Walter Eucken, Friedrich Hayek, Alfred Müller-Armack, Wilhelm Röpke, Alexander Rüstow, and Paul van Zeeland, as well as leading lawyers like Louis Brandeis, Franz Böhm, and Maurice Hauriou. Conservative liberals also played a formative role in establishing new international networks, notably the Mont Pèlerin Society. The book investigates the rich intellectual inheritance of this variant of new liberalism from aristocratic liberalism, ethical philosophy, and religious thought. It also locates the social basis of conservative liberalism and Ordo-liberalism in the cultivated bourgeois intelligentsia. The book goes on to examine the attempts to embed this new disciplinary form of liberalism in Britain, France, Germany, Italy, and the United States, and to consider the determinants of its varying significance across space and over time. It concludes by assessing the historical significance and contemporary relevance of conservative liberalism and Ordo-liberalism as liberalism confronts a new transformational crisis at the beginning of the new millennium. Is their promise of disciplining democracy and the market a hollow one?

Economic Nationalism in a Globalizing World

Economic Nationalism in a Globalizing World PDF Author: Eric Helleiner
Publisher: Cornell University Press
ISBN: 9780801489662
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
This book demonstrates the enduring, and even heightened, economic significance of national identities and nationalism in the current age.

Global Capital and National Governments

Global Capital and National Governments PDF Author: Layna Mosley
Publisher: Cambridge University Press
ISBN: 9780521521628
Category : Business & Economics
Languages : en
Pages : 406

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Book Description
Global Capital and National Governments suggests that international financial integration does not mean the end of social democratic welfare policies. Capital market openness allows participants to react swiftly and severely to government policy; but in the developed world, capital market participants consider only a few government policies when making decisions. Governments that conform to capital market pressures in macroeconomic areas remain relatively unconstrained in supply-side and micro-economic policy areas. Therefore, despite financial globalization, cross-national policy divergence among advanced democracies remains likely. Still, in the developing world, the influence of financial markets on government policy autonomy is more pronounced. The risk of default renders market participants willing to consider a range of government policies in investment decisions. This inference, however, must be tempered with awareness that governments retain choice. As evidence for its conclusions, Global Capital and National Governments draws on interviews with fund managers, quantitative analyses, and archival investment banking materials.