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European Monetary Integration (CESifo Seminar Series)

Hans-Werner Sinn, Mika Widgrén, Marko Köthenbürger




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 | #4117954 in eBooks |  2004-03-19 |  2004-03-19 | File type: PDF

|| ||CESifo has done it again, asking the right questions and gathering the right analysts to answer them. By focusing on the practical side of making monetary union work in Europe, the assembled authors give policymakers insight into fiscal-monetary interactions,

The success of European monetary integration -- called by the editors of this CESifo volume "one of the most far-reaching, real world experiments in monetary policy to date" -- is not assured. Policy makers have been forced to deal with challenges posed by formulating a uniform monetary policy for countries with asymmetric business cycles and economies in different stages of development as well as with the fiscal and financial implications of a unified currency.<...

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