The Economics of Monetary Integration

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9780198774228: The Economics of Monetary Integration
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This valuable textbook on monetary integration has been fully revised and updated to provide the most reliable and up-to-date analysis available of the costs and benefits of monetary union in Europe. De Grauwe has expanded his coverage of the rise and fall of the European Monetary System, included full discussion of the events of 1993, presented new theoretical arguments, and offered a critical analysis of the possibility of transition to a full monetary system. His lucid and comprehensive analysis will continue to be an important source for undergraduate and graduate students.

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About the Author:

Paul de Grauwe, Professor of Economics, Centre for Economic Studies, University of Leuven.

Review:

`A very thorough account of the macroeconomics of European Money Integration.' C. Tsoukas, Lecuturer, Hull University

`Clear yet sound theoretical exposition of monetary union.' R Henderson, Lecturer/Reader, Leeds Metropolitan University

`Paul de Grauwe is an outstanding specialist in the field of Monetary integration and is able to explain difficult items in a concise and simple manner.' Prof. dr. H W Hoen, Professor, University of Groningen

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