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The thirteenth edition of this market-leading textbook provides an authoritative and concise analysis of the theories and policies relating to monetary union in which the author helps students to critically think about the sustainability of the Eurozone.Part One examines the implications of adopting a common currency by analysing Europe's experience and the issues faced by the European Central Bank. Part Two of the book looks at the problems of running a monetary union by analysing Europe's experience and the issues faced by the European Central Bank.Each chapter ends with a conclusion recapping the core issues, and a set of questions, which encourages students to test their knowledge and stretch their understanding further.This book is accompanied by the following online resources:For students:- Links to data sources- Essay questions- Web links- Paul De Grauwe on TwitterFor Lecturers:- PowerPoint slides- Instructor's manual
This text investigates the economic viability and structural challenges inherent in maintaining a monetary union, specifically focusing on the Eurozone. Paul De Grauwe, a prominent economist, utilizes his extensive academic background to synthesize complex macroeconomic theories with the practical realities of European integration. The book provides a rigorous framework for evaluating the costs and benefits of a common currency, drawing upon historical data and contemporary policy debates to illustrate the tensions between national sovereignty and supranational monetary control.
What You Will Find
Experts and academics widely recognize this work as a foundational text for understanding the mechanics of the Eurozone. Readers frequently note the clarity of the prose despite the technical density of the subject matter, making it a standard resource for university-level economics curricula.
Page Count:
304
Publication Date:
2020-06-01
Publisher:
Oxford University Press
ISBN-10:
0198849540
ISBN-13:
9780198849544
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