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European Monetary Integration: 1958 - 2002
 
 
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European Monetary Integration: 1958 - 2002 [Paperback]

Emmanuel Apel (Author)

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Book Description

0415114330 978-0415114332 February 21, 1998 1
This book is an accessible introduction to European monetary integration which provides a historical background to current debates, as well as an analysis of future developments. Further features of this book include:
* a chronology of economic and monetary unification from 1958-1999
* clear non-technical presentation of the economic issues regarding the costs and benefits of creating a monetary union
* detailed presentation of the economic and legal framework for the changeover to a single European economy
* evaluation of the Maastricht Treaty's plan for monetary union
* an overview of the debate between the federalist approach and the inter-governmental co-operation approach towards economic and political integration of Europe
* a set of questions and exercises illuminating the more technical parts of the book
European Monetary Integration 1958-2002 is an excellent resource for all those who want to discover the facts about European monetary integration which lie behind the heated political rhetoric.

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Editorial Reviews

Review

[Apel] neatly recounts the rationale behind EMU, the winding road leading to the decision, and the false steps and serious reservations along the way. He also provides a useful reference on the origins of the many EMU provisions that are likely to endure.
Foreign Affairs 3-4/99

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Inside This Book (learn more)
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First Sentence:
The 'modern' history of Europe is usually delineated by the Carolingian period when 'Europa' is well established with Charlemagne as its 'Pater'. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
public deficit ratio, public finance ratios, ith currency, nominal convergence criteria, debtor central bank, debtor quota, twelve currencies, bilateral central rate, creditor quotas, bilateral margins, bilateral parity, creditor central bank, official conversion rates, public finance criteria, entry into the monetary union, single currency area, instantaneous spread, central rates, broad economic policy guidelines, intramarginal intervention, single monetary policy, component currency, component currencies, bilateral parities, official quotation
Key Phrases - Capitalized Phrases (CAPs): (learn more)
European Union, United Kingdom, Maastricht Treaty, Ecofin Council, European Council, Banque de France, Heads of State, Treaty of Rome, European Monetary Institute, Bretton Woods, European Parliament, European Community, Werner Report, Commission of the European Communities, Bank of England, Deutsche Bundesbank, Monetary Committee, Deutsche Telekom, European Monetary System, Governing Council, Single European Act, Basle Agreement, European Economic Community, Second World War, Delors Report
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