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Making the European Monetary Union
Harold James
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| #1391110 in eBooks | 2012-11-19 | 2012-11-19 | File type: PDF||5 of 5 people found the following review helpful.| Economics|By R. Anthony|This book will be useful only to students of economics. It is well written. It is also very technical. If you are interested in the development of the European Monetary Union, as well as all the ancillary financial supporting commissions, the machinations of currency creation, politics and "in fighting", and, you wish to see this process "soup to nuts" -||Making the European Monetary Union explains why a monetary union was established but not a fiscal union and why the framers couldn't deal with the issues of fiscal transfers, a Euro bond, a lender of last resort, and a Eurowide banking authority. It emb
Europe’s financial crisis cannot be blamed on the Euro, James contends in this probing exploration of the whys, whens, whos, and what-ifs of European monetary union. The current crisis goes deeper, to conundrums that were debated but not resolved at the time of the Euro’s invention. And, Euro or no Euro, these clashes will continue into the future.
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