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The European Monetary Union in a Public Choice Perspective [The Locke Institute

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Last updated on 12 Jul, 2024 19:14:05 AESTView all revisionsView all revisions

Item specifics

Condition
Good: A book that has been read but is in good condition. Very minimal damage to the cover including ...
Book Title
The European Monetary Union in a Public Choice Perspective (The
ISBN
9781840645613
Subject Area
Political Science, Business & Economics
Publication Name
European Monetary Union in a Public Choice Perspective : A Political-Economic Approach to the Implications of Macroeconomic Shocks
Publisher
Elgar Publishing, Incorporated, Edward
Item Length
9.4 in
Subject
Economics / Macroeconomics, Public Policy / Economic Policy, Money & Monetary Policy
Publication Year
2002
Series
The Locke Institute Ser.
Type
Textbook
Format
Hardcover
Language
English
Item Height
0.9 in
Author
Jennifer C. Martin-Das
Item Weight
22.6 Oz
Item Width
6.6 in
Number of Pages
336 Pages

About this product

Product Identifiers

Publisher
Elgar Publishing, Incorporated, Edward
ISBN-10
184064561X
ISBN-13
9781840645613
eBay Product ID (ePID)
16038739523

Product Key Features

Number of Pages
336 Pages
Language
English
Publication Name
European Monetary Union in a Public Choice Perspective : A Political-Economic Approach to the Implications of Macroeconomic Shocks
Publication Year
2002
Subject
Economics / Macroeconomics, Public Policy / Economic Policy, Money & Monetary Policy
Type
Textbook
Author
Jennifer C. Martin-Das
Subject Area
Political Science, Business & Economics
Series
The Locke Institute Ser.
Format
Hardcover

Dimensions

Item Height
0.9 in
Item Weight
22.6 Oz
Item Length
9.4 in
Item Width
6.6 in

Additional Product Features

Intended Audience
Scholarly & Professional
LCCN
2001-051072
Reviews
'This book examines European economic and monetary union from the perspective of public choice theory - that is, whether it is consistent with the interests of the protagonists. EMU was born mainly out of the political agenda for creating ever-closer union. Professor Martin-Das explains how the interaction of economic shocks and political interests has the potential to break up EMU and frustrate that objective. The book is a careful survey of the various fields of economic thought that come together in this topic, as well as a mine of information on the European Union's institutions and evolution.'
Dewey Edition
21
TitleLeading
The
Illustrated
Yes
Dewey Decimal
332.4/566/094
Table Of Content
Contents: Preface 1. Introduction 2. European Economic and Monetary Integration, Prior to the Creation of the European Communities 3. European Economic and Monetary Integration: The Creation and Development of the European Communities 4. The Theory of Currency Unions 5. Economic Background to the European Monetary Union 6. Monetary and Fiscal Policy and Institutions in the European Monetary Union 7. A Rational Choice Approach to the Political Marketplace of the European Union 8. Institutions and Monetary Policy 9. Macroeconomic Shocks to the European Monetary Union 10. Political Implications of Macroeconomic Shocks 11. Conclusion References Index
Synopsis
The future of European Monetary Union (EMU) stands as one of the most important economic issues of the era. The author argues that in the event of macroeconomic shocks, rather than acting as a cohesive force, EMU could give rise to disunity. As EMU is not an optimal currency area, asymmetric shocks affecting each country differently could be critical to its future., The future of European Monetary Union (EMU) stands as one of the most important economic issues of the era. The author argues that in the event of macroeconomic shocks, rather than acting as a cohesive force, EMU could give rise to disunity. As EMU is not an optimal currency area, asymmetric shocks affecting each country differently could be critical to its future. The success of EMU depends upon the ability of institutions in the EU to satisfy the monetary and fiscal policy demands of sufficient numbers of national constituents, interest groups, and multinational corporations. This book employs principles from public choice to analyze the EU institutions that participate in the monetary policy making process of EMU and assesses whether they have the mechanisms to cope with asymmetric macroeconomic shocks. In particular, it examines the European Council, Council of Ministers, European Commission, European Parliament and the European Central Bank. This book provides an invaluable critique of the EMU plan and will be of interest to scholars of European economics, macroeconomics and public choice.
LC Classification Number
HG925.M376 2002

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