| Description |
xiv, 260 p. : ill. ; 23 cm. |
| Language |
Translation of: Der Euro : Geburt, Erfolg, Zukunft. Munchen : Franz Vahlen, c2008. |
| Bibliography |
Includes bibliographical references and index. |
| Contents |
1. The euro in 2008 -- 2. Historical background : The rocky road to monetary union ; The decision in Maastricht ; The convergence process ; Farewell to the national currencies ; The countdown begins ; The euro area -- 3. The ECB and the foundations of monetary policy : The statute ; The decision-making bodies ; Preparations for the single monetary policy ; Monetary policy options ; The ECB's stability-oriented monetary policy strategy ; The instruments of monetary policy -- 4. The ECB : monetary policy for a stable euro : Orientations in the ECB Governing Council ; Assuming responsibility for monetary policy ; Monetary policy success: a stable euro ; Monetary policy-making in the ECB Governing Council ; Transparency, communication, accountability ; Monetary policy and the exchange rate ; The euro as an international currency ; Economic theory and monetary policy practice -- 5. The central bank and monetary policy in the EMU framework : Fiscal and monetary policy in EMU ; Policy coordination in EMU ; Does one size fit all? ; The enlargement of the euro area ; Monetary union without political union? -- 6. Europe at the crossroads. |
| Summary |
Free of jargon, this book is a very human reflection on a historical experiment and a key reference for all academics, policy makers, and 'Eurowatchers' seeking to understand how the Euro has got to where it is today and what challenges lie ahead. |
| Subject |
Monetary unions -- Europe.
|
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Monetary policy -- Europe.
|
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Monetary policy -- Germany.
|
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European Central Bank.
|
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Euro.
|
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Eurozone.
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Europe -- Economic integration.
|
| ISBN |
9780521731867 (pbk.) |
|
0521731860 (pbk.) |
|
9780521516730 (hbk.) |
|
0521516730 (hbk.) |
| Standard No. |
NLGGC 31171319X |
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AU@ 000043499374 |
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CDX 8187418 |
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HEBIS 203862740 |
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DEBBG BV023338898 |
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