Realigning interests : crisis and credibility in European monetary integration / by Michele Chang
- Bib ID:
- 3120881
- Format:
- Book
- Author:
- Chang, Michele
- Description:
-
- New York : Palgrave Macmillan, 2004
- xvi, 200 p. ; 22 cm.
- ISBN:
- 1403964386
- Series:
- Europe in transition (New York, N.Y.)
- Summary:
-
"Why do currency crisis happen? What conditions set the stage for such a crises? How severe will it be? When will it happen? Realigning Interests seeks to answer these questions by examining exchange rate realignments of the European Monetary System, specifically in France, Italy, and Ireland. It also shows how balancing the tension between domestic and international politics plays a vital part in a government's willingness to uphold its exchange rate commitments. The book pays particular attention to the role of domestic elections since these may prevent governments from credibly committing to a fixed exchange rate and from responding quickly and coherently to market instability, thus encouraging speculation."--BOOK JACKET.
- Full contents:
-
- Ch. 1. Introduction
- Ch. 2. Rules and norms of European monetary cooperation
- Ch. 3. Political economy of currency crises and devaluation
- Ch. 4. France, 1981-1986
- Ch. 5. France, 1988-1995
- Ch. 6. Italy : domestic versus international origins of currency crises
- Ch. 7. Ireland
- Ch. 8. Conclusion.
- Notes:
- Includes bibliographical references (p. [181]-194) and index.
- Subject:
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2004
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