Product details
- Categories: Economic and Monetary Affairs
- Publisher: OUP - Oxford University Press
- ISBN: 9780192849779
- Publication Date: 28/06/2022
- Binding: Paperback
- Number of pages: 320
- Language: English
Summary
Reflecting the most update-to-date coverage of institutional changes
within the European Monetary Union, the fourteenth edition of De
Grauwe's established textbook continues to encourage students to think
critically about the sustainability of the Eurozone. The author uses an
authoritative, concise and exciting approach to analyse theories and
policies relating to monetary union, allowing students to develop a
balanced understanding of different arguments and perspectives.
Part One examines the implications of adopting a common currency while
Part Two considers the problems associated with running a monetary
union. Both parts analyse Europe's experience and the issues faced by
the European Central Bank.
Case studies throughout the text
provide rich, real life and qualitative examples to help students
connect with the concepts and policies presented. Additionally, each
chapter ends with a conclusion recapping the core issues, and a set of
questions, which encourages students to test their knowledge and stretch
their understanding further.
The fourteenth edition is
available for students and institutions to purchase in a variety of
formats, and is supported by online resources.
Table of contents
1:The costs of a common currency
2:The theory of optimum currency areas: a critique
3:The benefits of a common currency
4:Costs and benefits compared
Part 2: Monetary Union
5:The fragility of incomplete monetary unions
6:The transition to a monetary union
7:How to complete a monetary union
8:Political economy of deconstructing the Eurozone
9:The European Central Bank
10:Monetary policy in the Eurozone
11:Fiscal policies in monetary unions
12:The euro and financial markets