Visit our Christmas Gift Finder
Click & Collect from 2 Hours*
Free Delivery to UK Shops
Free UK Standard Delivery On all orders £20 and over Free Delivery to UK Shops Local shops and expert booksellers nationwide Free Click & Collect to UK shops From 2 hours of your order*
European Monetary Union and Capital Markets - International Finance Review 2 (Hardback)
  • European Monetary Union and Capital Markets - International Finance Review 2 (Hardback)
zoom

European Monetary Union and Capital Markets - International Finance Review 2 (Hardback)

(editor), (editor)
£98.99
Hardback 288 Pages / Published: 13/12/2001
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket
To form a more perfect economic union and to establish a single market financially, economically and politically, 11 European countries founded a common currency and a European Central Bank, and created a new monetary unit, the euro, on 1st January, 1999. On that date, the old national currencies officially became subunits of the euro, much as the nickel and quarter are subunits of the dollar. Fifteen countries started down the road to monetary union in 1992, when they signed the Treaty on European Union, commonly known as the Maastricht Treaty, which outlined a basic structure for the alliance. However, of those 15 countries, only 11 initially joined the European Monetary Union (EMU): three countries opted out, and another did not meet the economic criteria established for membership in the union. The EMU countries decided that the benefits of having one common currency instead of 11 different ones would outweigh the costs, especially given the amount of travel, trade and financial flow that takes place between these countries. This volume considers effects on capital and goods markets of monetary union in general and European Monetary Union (EMU) in particular. The effects of monetary union addressed here broadly fall into three categories - adjustments in goods and labor markets, adjustments in money and capital markets, and institutional adjustments when a group of countries adopt a common currency (and a common monetary policy), but retain quasi-independent fiscal (and other economic) policies. The relation between monetary union and capital market integration is also highlighted.

Publisher: Emerald Publishing Limited
ISBN: 9780762308309
Number of pages: 288
Weight: 581 g
Dimensions: 234 x 156 x 17 mm

You may also be interested in...

Global Shift
Added to basket
£48.99
Paperback
The Bottom Billion
Added to basket
£9.99
Paperback
Stress Test
Added to basket
£9.99
Paperback
Financial Market Analysis
Added to basket
The Oil Kings
Added to basket
A Splendid Exchange
Added to basket
Power and Plenty
Added to basket
£42.00
Paperback
False Dawn
Added to basket
£8.99
Paperback
For All the Tea in China
Added to basket
The Globalization Paradox
Added to basket
The Death of Money
Added to basket
Whoops!
Added to basket
£9.99
Paperback
The Shadow Market
Added to basket

Please sign in to write a review

Your review has been submitted successfully.