Author: Thomas H. Oatley
Publisher: University of Michigan Press
ISBN: 0472023535
Category : Political Science
Languages : en
Pages : 235
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Book Description
A single currency--and the necessary prior condition of exchange rate cooperation and the stabilization of exchange rates--has been an elusive goal of many European leaders for more than twenty years. While much of the literature on exchange rate cooperation within the European Union focuses on the integration of national economies as the driving force, Thomas Oatley draws on public choice models to develop an explanation of exchange rate cooperation based on domestic politics. The author then tests hypotheses derived from this model in a detailed consideration of the various efforts to stabilize currencies since the 1970s. Oatley argues that monetary policy has distributional effects and is used by policy makers to achieve domestic policy goals. Thus domestic politics plays an important role in defining the approach leaders take to monetary integration. Oatley suggests that leaders supported the creation of the European Monetary System because governments saw a link to the Bundesbank as a useful instrument to help slow the growth of wages, redistribute income from labor to capital, and achieve domestic stabilization. The later collapse of the System reflected the unwillingness on the part of many leaders to continue to follow the Bundesbank's lead as well as the Bundesbank's own reservations about monetary integration. Given the rising strife in countries such as France over the domestic costs of monetary integration, Oatley's domestic politics explanation will be useful in understanding the continued efforts of European policy makers to work towards an integrated currency. This book should appeal to political scientists and economists interested in international cooperation, the European Union and exchange rate systems. Thomas Oatley is Assistant Professor of Political Science, University of North Carolina.
Author: Gianni Toniolo
Publisher: Oxford University Press
ISBN: 0199936692
Category : Business & Economics
Languages : en
Pages : 802
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Book Description
The Oxford Handbook of the Italian Economy Since Unification provides, for the first time, a comprehensive, quantitative "new economic history" of Italy.
Author:
Publisher:
ISBN:
Category : Periodicals
Languages : en
Pages : 1448
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Book Description
A union list of serials commencing publication after Dec. 31, 1949.
Author: Robert W. Dimand
Publisher: Edward Elgar Publishing
ISBN: 1788118561
Category : Electronic books
Languages : en
Pages : 671
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Book Description
The most influential and controversial economist of the twentieth century, John Maynard Keynes was the leading founder of modern macroeconomics, and was also an important historical figure as a critic of the Versailles Peace Treaty after World War I and an architect of the Bretton Woods international monetary system after World War II. This comprehensive Companion elucidates his contributions, his significance, his historical context and his continuing legacy.
Author: Library of Congress
Publisher:
ISBN:
Category : Subject catalogs
Languages : en
Pages : 1020
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Book Description
Author: Klaus Macharzina
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110849844
Category : Language Arts & Disciplines
Languages : en
Pages : 404
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Book Description
No detailed description available for "European Approaches to International Management".
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 232
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Book Description
Author: L. Einaudi
Publisher: Springer
ISBN: 0230522971
Category : Business & Economics
Languages : en
Pages : 323
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Book Description
Luigi Einaudi made an outstanding contribution to economics during his long career as economist, historian and policy-maker. This book makes an important selection of his works available in English for the first time. Topics covered include: taxation of consumption rather than income; European unity; and political and economic liberalism.
Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 908
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Book Description
Author: M. Balachandran
Publisher: Phoenix, Ariz. : Oryx Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 136
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Book Description
