Achieving Monetary Union in Europe

By Andrew Britton and David G. Mayes

The National Institute of Economic and Social Research--one of Britain′s leading centers for applied economics--has prepared Achieving Monetary Union in Europe for the Association for the Monetary Union of Europe. The authors begin by placing the Treaty on European Union, signed in February of 1992, in its historical context and tracing the complex circumstances leading to the treaty′s ratification. They go on to describe how EMU will work once it becomes fully operational: how price stability will be achieved by the new European central bank, and how the member states will achieve and maintain economic convergence. Opportunities and problems for each of the 12 existing member states are examined. The implications for the less-favored regions of the community are spelled out, and the authors devote a chapter to discuss enlarging the EC to include countries of central and eastern Europe. Informative and accessible, this short guide to monetary union in Europe is essential reading for anyone affected by these profound economic changes, particularly those in the business and industrial communities, policy-makers, economists, and students. "Overall, this is a useful and thoughtful guide to a difficult subject." --Political Studies Association

• Format: Paperback
• Language: English
• ISBN: 0803987196
• ISBN13: 9780803987197
• Release Date: July 1992
• Publisher: SAGE Publications Ltd
• Length: 160 Pages
• Weight: 0.42 lbs.
• Dimensions: 8.5" x 0.5" x 5.5"