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Economic convergence and monetary union in Europe

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Published by Sage Publications in London, Newbury Park, Calif .
Written in English



  • Europe,
  • European Economic Community countries.,
  • Europe.


  • Monetary unions -- European Economic Community countries.,
  • Monetary unions -- Europe.,
  • Money -- European Economic Community countries.,
  • Monetary policy -- European Economic Community countries.,
  • Europe -- Economic integration.

Book details:

Edition Notes

Statementedited by Ray Barrell.
ContributionsBarrell, Ray., Association for the Monetary Union of Europe., National Institute of Economic and Social Research.
LC ClassificationsHG3942.8 .E345 1992
The Physical Object
Paginationxii, 263 p. :
Number of Pages263
ID Numbers
Open LibraryOL1743122M
ISBN 10080398720X, 0803987218
LC Control Number92050235

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Get this from a library! The economics of convergence towards monetary union in Europe. [Paul de Grauwe; Centre for Economic Policy Research (Great Britain)]. : Economic Convergence in a Multispeed Europe (): K.B. Gaynor, Elias Karakitsos: BooksCited by: 3. Economic Convergence in the Eu ropean Union This is evidence that the ec onomies of the EU -North and EU9 sub-groups of countries, which also conv erged, are structurally simila r.   This highly topical book addresses the challenge of economic convergence within Europe, beginning with a thorough review of the theory of growth and related empirical research. by establishing a common market and an economic and monetary union and by implementing common policies to promote throughout the Community a harmonious Cited by: 7.

‘Set in the context of the launch of the euro and eastward enlargement of the EU, the ambitious scope of the book includes economic convergence with respect to theory, historical trends, recent national and regional disparities, factors such as monetary and exchange policy and the role of the financial sector, issues for accession and.   The Economics of Convergence: Towards Monetary Union in Europe. —In this paper, the literature on monetary integration has been surveyed in order to discover the economic rationale of the Maastricht convergence requirements. The traditional theory of optimum currency areas is silent on the need for Maastricht-type convergence by: Economic and Monetary Union (EMU) In June the European Council confirmed the objective of the progressive realisation of Economic and Monetary Union (EMU). It mandated a committee chaired by Jacques Delors, the then President of the European Commission, to study and propose concrete stages leading to this union. Economic and Monetary Union in Europe. that absolute convergence of prices would have been more appropriate, because member states may still be threatened by absolutely too high inflation.

The launch of Economic and Monetary Union (EMU) and the creation of the euro were among the most significant milestones in European integration. For the euro area countries, EMU combines a single monetary policy with decentralised responsibility for the majority of their economic policies, although national budgetary strategies remain subject to some constraints. countries participating in Economic and Monetary Union (EMU) had severe weaknesses in their structural and institutional set-up. This has resulted in a large and protracted fall in real per capita income levels in these countries since While there has been real convergence in . International Finance Discussion Papers: Monetary Union, Price Level Convergence, and Inflation: How Close is Europe to the United States [John H. Rogers, United States Federal Reserve Board] on *FREE* shipping on qualifying offers. In light of 50 years of economic policies designed to integrate Europe -- culminating in the elimination of euro zone national currencies in early Author: John H. Rogers.   Economic Convergence and Divergence in Europe will be of interest to economists and researchers of regional and European studies, particularly those with a focus on integration. Its accessible and non-technical approach assures its appeal 4/5(1).