£65.50

Springer Monetary Policy at the European Periphery: Greek Experience and Lessons for EU Candidates (European and Transatlantic Studies)

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£91.49 £61.25 £67.85 £74.45 £81.04 £87.64 £94.24 09 June 2024 13 November 2024 19 April 2025 23 September 2025 28 February 2026

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Description

The book proposes a monetary policy regime that is suitable for the European Periphery on the road to the euro. The first part examines the relation between the eleven founding members of the EMU and countries staying out of the EMU - paying particular attention to the European Periphery that includes Greece and all those CEE transition countries which have recently applied for EU membership. The second part of the book argues against ERM-II participation for those countries. It stresses the limits in efficiency of an ERM-II arrangement in a world of increased international capital movements, fiscal imbalances, and asymmetric real shocks. The third part offers a consistent and credible monetary framework for the achievement of price stability at the European Periphery: adoption of explicit and formal inflation targets together with political and economic independence of the central bank.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
01 April 2000
Listed Since
10 December 2006

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