Overview

European Monetary Union: The Way Forward analyses the economic effects of the changeover to a unified European currency and assesses the pressures caused by a dual-currency system over the three and a half years transition period to the Euro. Subjects discussed include: fiscal transfer payments: the implications of the US structure for the EMU the arbitrage consequences of parallel currency 1999-2002 the feasibility of a single currency without the exchange rate mechanism the relationship between the UK and Europe accounts of moves towards monetary union in Austria, Portugal and Finland. Providing a detailed overview of the financial implications of European Monetary Union, this collection contains contributions by professional financial specialists from a number of European countries. It will be extremely useful for all those studying contemporary European economics and politics.

Full Product Details

Author:   Prof H M Scobie
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Dimensions:   Width: 15.60cm , Height: 1.10cm , Length: 23.40cm
Weight:   0.385kg
ISBN:  

9780415174084

ISBN 10:   0415174082
Pages:   144
Publication Date:   01 January 1998
Audience:   College/higher education ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

1 THE CHANGEOVER TO A UNIFIED EUROPEAN CURRENCY: WHY A 'BIG BANG' APPROACH IS NECESSARY 2 FISCAL TRANSFER PAYMENTS: IMPLICATIONS OF US STRUCTURE FOR THE EUROPEAN MONETARY UNION 3 EUROPEAN MONETARY UNION: SINGLE CURRENCY FEASIBLE WITHOUT THE ERM 4 THE SINGLE CURRENCY 5 EMU: THE OBSTACLE RACE TO SUCCESS 6 THE UNITED KINGDOM AND EUROPE 7 SOME THOUGHTS ON THE MONETARY FRAMEWORK IN EMU 8 FINLAND ON THE WAY TO THE EMU 9 THE INTERNATIONAL COMPETITIVENESS OF EUROPEAN MANUFACTURING: EVIDENCE FROM COST AND PRICE MEASURES 10 AUSTRIA ON THE WAY TO EMU 11 ADHERING TO THE CONVERGENCE CRITERIA: THE CASE OF PORTUGAL

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Author Information

Professor H.M.Scobie is Director of the European Economics and Financial Centre, London.

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