The Economics of Monetary Integration

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The Economics of Monetary Integration image
ISBN-10:

019877348X

ISBN-13:

9780198773481

Author(s): De Grauwe, Paul
Released: Jun 18, 1992
Format: Paperback, 206 pages

Description:

Is there a strong economic case for a nation to have separate currencies? Does a nation increase its welfare by abolishing its currency and adopting that of a wider area? Should that area be the European Community, all of Europe, or the whole world? This volume on monetary integration addresses these questions through an exploration of the economic costs and benefits of such a union in Europe. It includes an analysis of the European Monetary System and scrutinizes issues related to the transition to a full monetary system.

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