Inclusion of Central European Countries in the European Monetary Union

✍ Scribed by Paul De Grauwe, Vladimir Lavrač (auth.), Paul De Grauwe, Vladimir Lavrač (eds.)

Publisher: Springer US
Year: 1999
Tongue: English
Leaves: 227
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

The creation of the European Economic and Monetary Union (EMU) and the introduction of the euro is a historical event for the EU countries. The debates on the desirability of the EMU provoked a vast economic literature dealing with the theory of the optimum currency area, costs and benefits of the EMU, symmetric vs. asymmetric shocks, alternative mechanisms of adjustment in a monetary union and so forth. Until recently, for the Central European candidate countries for a full membership in the EU, these issues seemed to be too far away, as they concentrated on devising their own monetary and exchange rate systems suitable for their transition period. The challenges of the EMU for the Central European countries were practically not dealt with in both Western and Eastern economic literature. The present book aims to fill this gap, by focusing on the most direct issue of relevance for the Central European countries with respect to the EMU - why, how and when these countries are expected to join the EMU. The papers included in this volume study the relationship between the EU accession process of the Central European candidate countries and their involvement in the process of European monetary integration.

✦ Table of Contents

Front Matter....Pages i-xi
Introduction Challenges of European Monetary Union for Central European Countries....Pages 1-11
Are Central European Countries Part of the European Optimum Currency Area?....Pages 13-36
Slovenian and European Trade Structures....Pages 37-52
Fiscal Consolidation in the Central European Countries and European Monetary Union....Pages 53-61
Exchange Rate Policy of Central European Countries in the Transition to European Monetary Union....Pages 63-104
Inclusion of Central European Countries in the European Monetary Integration Process....Pages 105-118
Integrating Central and Eastern Europe into the European Union: The Monetary Dimension....Pages 119-140
Echoing the European Monetary Integration in the Czech Republic....Pages 141-181
Monetary Arrangements and Exchange Rate Regime in a Small Transitional Economy (Slovenia)....Pages 183-218
Back Matter....Pages 219-223

✦ Subjects

Macroeconomics/Monetary Economics; International Economics

📜 SIMILAR VOLUMES

The Central and Eastern European Countri

📁 The Central and Eastern European Countries and the European Union

✍ Michael Artis, Anindya Banerjee, Massimiliano Marcellino 📂 Library 📅 2006 🏛 Cambridge University Press 🌐 English

The accession of ten new members to the European Union on May 1st 2004 was among the most significant developments in the history of European integration. Based upon studies conducted by the European Forecasting Network, this 2006 book analysed key aspects of the impact of this enlargement with refe

The Europeanisation of Whitehall : UK Ce

📁 The Europeanisation of Whitehall : UK Central Government and the European Union

✍ Martin Burch; Dimitris Papadimitriou; Simon Bulmer; Andrew Geddes; Peter Humphre 📂 Library 📅 2009 🏛 Manchester University Press 🌐 English

What has been the impact of the EU on UK central government? This book explores the OCyEuropeanisationOCO of the work of civil servants and ministers and how they engage with the EU. Drawing on fresh empirical evidence, the volume offers the first comprehensive analysis of the spreading impact of Eu

The Europeanisation of Whitehall: UK cen

📁 The Europeanisation of Whitehall: UK central government and the European Union

✍ Simon Bulmer; Martin Burch 📂 Library 📅 2013 🏛 Manchester University Press 🌐 English

<p>This is a path breaking study of the European Union’s impact on UK central government. It is the first book to deal comprehensively with the EU’s impact on central government across the period from the UK’s first application to join in 1961 right up to the end of the Blair administration.</p>

Gender Politics in the Expanding Europea

📁 Gender Politics in the Expanding European Union: Mobilization, Inclusion, Exclusion

✍ Silke Roth (editor) 📂 Library 📅 2008 🏛 Berghahn Books 🌐 English

<p> In May 2004, after bringing their legislation into accordance with EU regulations, ten more countries joined the European Union. The contributors to this volume assess the impact of this historical development on gender relations in the new and old EU member states. Instead of focusing on either

Gender politics in the expanding Europea

📁 Gender politics in the expanding European Union: mobilization, inclusion, exclusion

✍ Silke Roth 📂 Library 📅 2008 🏛 Berghahn Books 🌐 English

Making the European Monetary Union: The

📁 Making the European Monetary Union: The Role of the Committee of Central Bank Governors and the Origins of the European Central Bank

✍ Harold James 📂 Library 📅 2012 🏛 Harvard University Press 🌐 English

Europe’s financial crisis cannot be blamed on the Euro, Harold James contends in this probing exploration of the whys, whens, whos, and what-ifs of European monetary union. The current crisis goes deeper, to a series of problems that were debated but not resolved at the time of the Euro’s invention.