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MACMILLAN Macmillan The ECU and European Monetary Integration Book

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Description

Explore the historical and economic impact of the European Currency Unit with this detailed study from Macmillan. When the ECU was introduced in 1979 as part of the European Monetary System, many experts expressed skepticism regarding its potential. This text examines how the ECU defied those early predictions to find success within private financial markets. This volume provides a comprehensive look at both macroeconomic and microeconomic implications. By bringing together perspectives from academic researchers and banking professionals, the book offers a multi-faceted view of monetary integration in Europe. Readers can examine current research and the theoretical foundations that allowed the ECU to emerge as a significant tool for European policy-making. Whether you are studying economic history or modern financial systems, this book provides necessary insights into the development of European monetary policy. It analyzes the empirical aspects of the ECU to help readers understand its role in the evolution of the European economy and its future direction.

Key Features

Analyzes the 1979 creation of the ECU within the European Monetary System to understand its historical context.

Provides diverse perspectives from both academic contributors and professionals within the banking industry.

Examines the macroeconomic and microeconomic implications of the ECU on European monetary integration.

Evaluates the success of the ECU in private financial markets despite initial widespread skepticism.

Offers insights into the theoretical and empirical aspects of the ECU as a vehicle for policy-making.

Reviews current research to provide a foundation for understanding the future development of European currency.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
28 October 1988
Listed Since
02 January 2007

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