The Economics of Monetary Integration [Hardcover]

Paul de Grauwe (Author)

Book Description

ISBN-10: 0198775504 | ISBN-13: 978-0198775508 | Publication Date: October 30, 1997 | Edition: 3

Fully revised and updated, this popular introductory textbook on monetary integration in Europe covers important recent events and theoretical issues. Paul De Grauwe authoritatively evaluates the costs and benefits of monetary union and the current possibilities of moving towards a single currency.

Editorial Reviews

Review

Praise for Earlier Editions: "The exposition is clear and straightforward....It has no competition, as far as I know, in bringing together some facts and theory in a suitably digestable and pedagogical way. It makes a good 'core' text."--Economica
"Lucid, comprehensive, and well balanced. It can be recommended to both specialists and the reasonably well-informed general reader without any reservations."--Economic Affairs
"A superb tour de force. A scrupulously balanced assessment of EMU. An excellent mix of theory and empirical work."--Dermot McAleese, Trinity College, Dublin

"A very concise and clear book; a dream come true for students."--Ugur Aker, Hiram College

--This text refers to an out of print or unavailable edition of this title.

About the Author

Paul De Grauwe is Professor of Economics at the Centre for Economic Studies in Leuven. He has been a doctoral fellow at the Brookings Institution and a visiting professor at the universities of Paris, Michigan, and Pennsylvania.

Product Details

• Hardcover: 248 pages
• Publisher: Oxford University Press, USA; 3 edition (October 30, 1997)
• Language: English
• ISBN-10: 0198775504
• ISBN-13: 978-0198775508
• Product Dimensions: 9.1 x 6.3 x 0.7 inches
• Shipping Weight: 1.1 pounds
• Average Customer Review: 2.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #5,857,635 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

7 of 7 people found the following review helpful:

4.0 out of 5 stars Useful, April 10, 2002

By A Customer

This review is from: Economics of Monetary Union, 4th Edition (Paperback)

I'm an undergraduate student in Finance and Economics. I picked up this book for a term paper for my Public Economics class.

If there's one thing to say about De Grauwe's book is that it seemed very useful, down to earth, in contrast to other economics books I've read. The concepts covered in the book were explained very clearly, and for someone interested in the area, the theories seemed ready for use for application in understanding the important issues of monetary integration.

Whether there are flaws in the theory are--honestly--beyond my grasp; I'd have to read more. The book seems written and revised fairly enough and hasn't received negative comments from the faculty at my university. If someone else has a contrary opinion, I'm sure it'd help for people to hear.

Check the sample pages if you want to see if this book would be good for you.

1.0 out of 5 stars Poorly written, incoherent, January 4, 2012

By 

qwapzy - See all my reviews

This review is from: Economics of Monetary Union (Paperback)

This textbook is poorly written: "one of the main driving forces for the popularity of a monetary union is to be found in the fact that it allows high-inflation countries to import price stability." (pg 99). Instead of "x is because of y," we always get "x has to do with the fact that y might possibly in some but not all important circumstances tend to exist." (pg. 55 and 64.) There's no content, and the same meaningless diagrams keep popping up.