Wealth by Association: Global Prosperity Through Market Unification

by John E. Marthinsen, John C. Edmunds, John Marthinsen

European monetary unification has produced a $15 trillion windfall to its member nations that is rarely discussed or accounted for in analyses of economic integration. Edmunds and Marthinsen argue that the reduction in cross-border risks--foreign exchange uncertainty, inflation differentials, competitive devaluations, and protectionism in financial services, among other--is directly responsible for an explosion in the value of fixed income assets...

• Format: Hardcover
• Language: English
• ISBN: 1567205291
• ISBN13: 9781567205299
• Release Date: March 2003
• Publisher: Praeger
• Length: 264 Pages
• Weight: 1.22 lbs.
• Dimensions: 1.0" x 6.5" x 9.7"