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Europe's monetary future / Stefan Collignon with Peter Bofinger, Christopher Johnson and Bertrand de Maigret
Bib ID 321868
Format BookBook
Author
Collignon, Stefan, 1951-
 
Description London : Pinter, 1994 
xxx, 238 p. : ill. ; 24cm. 
ISBN 1855672537
0838636063
Invalid ISBN 1055672537
Full contents
  • I. The History of the EMS and Convergence. I.1. Monetary events leading up to the EMS. I.2. The mechanisms of the EMS. I.3. Performance and appraisal of the EMS
  • II. Economic Convergence in the EMS. II.1. Nominal convergence. II.2. Real convergence
  • III. The Single Market and Free Capital Flows. III.1. The logic of the Single Market. III.2. Deregulation and the integration of capital markets
  • IV. Economic Convergence and Unintegrated Labour Markets. IV.1. The EMS as a deflationary mechanism? IV.2. European unemployment
  • V. The EMS Crisis, DM Anchor and the Dangers of Transition. V.1. The dilemma of the inconsistent quartet. V.2. The role of the DM as the anchor currency. V.3. Monetary policy in the transition to EMU Stage III
  • VI. Official Policies for the EMS and Their Shortcomings. VI.1. Reform proposals incompatible with the final objective of EMU. VI.2. The official view on ERM reform: maintaining the status quo.
  • VII. Policy Recommendations for the Transition to EMU. VII.1. Which way to EMU? VII.2. Improving monetary cooperation. VII.3. Broadening the anchor / Stefan Collignon.
 
Notes

Includes bibliographical references (p. [230]-238)

Subjects European Monetary Union.  |  Monetary policy -- European Union countries.  |  European Union countries -- Economic integration.  |  European Union countries -- Economic policy.
Other authors/contributors Bofinger, Peter  |  Johnson, Christopher, 1931-  |  Maigret, Bertrand de

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