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The Making of Monetary Union

Begg, David K.H., Chiappori, Pierre-Andre, Giavazzi, Francesco, Mayer, C.P., Neven, Damien J., Spaventa, Luigi, Vives, Xavier, Wyplosz, Charles

Part of the Monitoring European Integration S. series

See all formats and editions

This Report examines the monetary unification of Europe and the creation of a European Central Bank.

It deals first with the macroeconomics of monetary union and highlights four issues.

What monetary constitution is required to deliver price stability, and do the draft statutes of the European Central Bank (ECB) meet these conditions?

Are fiscal rules a necessary adjunct to such a constitution?

Is convergence of inflation rates a precondition for embarking on monetary union?

Finally, how should the transition be managed?

Read More

Product Details

Publisher/Imprint Centre for Economic Policy Research

ISBN/Ean1898128057 / 9781898128052

FormatPaperback / softback

Dewey332.4

Published01/10/1991

Country of PubUnited Kingdom

Pages136 pages, 9figs.17tabs.

Dimensions700 grams

ReadershipGeneral (US: Trade)/Professional & Vocational/Postgraduate, Research & Scholarly/Undergraduate Learn More

BIC JP Politics & government, KCBM Monetary economics