The New Political Economy of EMU

Author:   Jeffry Frieden ,  Daniel Gros, Director, CEPS ,  Erik Jones ,  Jeffry Freiden
Publisher:   Rowman & Littlefield
ISBN:  

9780847690183


Pages:   216
Publication Date:   10 November 1998
Format:   Hardback
Availability:   Out of stock   Availability explained


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The New Political Economy of EMU


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Overview

The creation of an economic and monetary union (EMU) in Europe is among the most important - and controversial - developments of the 1990s. This clear and balanced book brings together economists and political scientists to explain why the creation of a European monetary union is so contentious, how the debate has affected the political determination to construct a monetary union, and how it will influence the functioning of EMU into the next century. Focusing on how economics and politics interact both in the prelude to unification and in its aftermath, the authors provide an innovative analysis of a spectrum of related issues: How EMU relates to Europe's unemployment crisis, how it will affect the process of economic adjustment, what convergence means for the performance of the member states separately, and how the member states will decide both whether to participate themselves and who else to admit to the monetary club.

Full Product Details

Author:   Jeffry Frieden ,  Daniel Gros, Director, CEPS ,  Erik Jones ,  Jeffry Freiden
Publisher:   Rowman & Littlefield
Imprint:   Rowman & Littlefield
Dimensions:   Width: 15.60cm , Height: 1.80cm , Length: 23.60cm
Weight:   0.449kg
ISBN:  

9780847690183


ISBN 10:   0847690180
Pages:   216
Publication Date:   10 November 1998
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Out of Print
Availability:   Out of stock   Availability explained

Table of Contents

Chapter 1 EMU: Economics and Politics Chapter 2 Monetary Union and European Unemployment Chapter 3 External Shocks and Labor Mobility: How Important Are They for EMU? Chapter 4 Fiscal Deficit Reductions in Line with the Maastricht Criteria for Monetary Union: An Empirical Analysis Chapter 5 Monetary Union with Variable Geometry Chapter 6 The Political Economy of European Monetary Union: A Conceptual Overview

Reviews

This is a serious book, and the lay reader will have to brace himself for outbursts of economists' algebra here and there. So the question of whether monetary union will indeed lead to political union, and, if so, in what form, will in due course receive its final answer. Mr. Frieden's and Mr. Jones's analysis help illuminate the likely outcome... The Economist, May 1999 This is a serious book, and the lay reader will have to brace himself for outbursts of economists' algebra here and there. So the question of whether monetary union will indeed lead to political union, and, if so, in what form, will in due course receive its final answer. Mr. Frieden's and Mr. Jones's analysis help illuminate the likely outcome. The Economist, May 1999


Author Information

Jeffrey Frieden is professor government at Harvard University. Daniel Gros is deputy director of the Centre for European Policy Studies in Brussels, Belgium. Erik Jones is lecturer in politics at the University of Nottingham.

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