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New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone
Christian H. Fahrholz
€ 127.73
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Description for New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone
Paperback. Examines the political economy of exchange-rate policies in the context of the eastward enlargement of the eurozone. This book also presents an analysis which shows that prospective members of the EMU are likely to pass on some of the incurred Maastricht costs of convergence to the EMU-members. Series: Contributions to Economics. Num Pages: 155 pages, 9 black & white tables, biography. BIC Classification: KC. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 10. Weight in Grams: 266.
This work examines the political economy of exchange-rate policies in the eastward expansion of the eurozone. Analysis shows that prospective members of the EMU are likely to pass on some costs of convergence to the current EMU members. The mechanism is an altered exchange-rate policy that utilizes a "threaten-thy-neighbour" strategy. This could ensure a stabilization of the CEECs' convergence toward the EMU, and a successful eastward enlargement of the eurozone.
This work examines the political economy of exchange-rate policies in the eastward expansion of the eurozone. Analysis shows that prospective members of the EMU are likely to pass on some costs of convergence to the current EMU members. The mechanism is an altered exchange-rate policy that utilizes a "threaten-thy-neighbour" strategy. This could ensure a stabilization of the CEECs' convergence toward the EMU, and a successful eastward enlargement of the eurozone.
Product Details
Format
Paperback
Publication date
2006
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
155
Condition
New
Series
Contributions to Economics
Number of Pages
155
Place of Publication
Heidelberg, Germany
ISBN
9783790817614
SKU
V9783790817614
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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