The euro : evolution and prospects / Philip Arestis, Andrew Brown, Malcolm C. Sawyer

Von:

Arestis, Philip, 1941- [aut]

Mitwirkende(r):

Resource type: Ressourcentyp: Buch (Online)Buch (Online)Sprache: Englisch Reihen: Edward Elgar E-Book ArchiveVerlag: Cheltenham, U.K ; Northampton, Mass : Edward Elgar, 2001Beschreibung: 1 Online-Ressource (vii, 152 p) : illISBN:

9781843766940

Schlagwörter:

Genre/Form:

Aufsatzsammlung

Andere physische Formen: 1840645830 | 9781840645835 (hardback) | Erscheint auch als: 9781840645835 (hardback) Druck-Ausgabe | Elektronische Reproduktion von: The euro. Cheltenham [u.a.] : Elgar, 2001. VII, 152 SDDC-Klassifikation:

332.4/94 21

RVK: RVK: QK 200 | MK 8400 | MK 5200 | QM 333LOC-Klassifikation:

HG925

DOI: DOI: 10.4337/9781843766940Online-Ressourcen:

Zusammenfassung: The authors offer a sustained argument that the single currency as currently implemented does not promise to deliver prolonged growth. They contend that the economic impact of the euro, and its accompanying institutions, is likely to be destabilising and deflationary; that the political impact is profoundly undemocratic and that the social consequences are likely to be deleterious. They do not reject the concept of a single currency but are highly critical of policy arrangements such as the Stability and Growth Pact which govern the euro. The authors propose alternative policy and institutional arrangements within which the euro should be embedded. They demonstrate that these would have the benefits of a single currency whilst avoiding many of the potential costs identified by detractorsZusammenfassung: 1. Introduction -- 2. From common market to EMU : an historical perspective on European economic and monetary integration -- 3. The conditions surrounding the launch of the euro -- 4. Monetary and financial arrangements accompanying the euro -- 5. Channels of monetary policy and implications for the euro -- 6. The causes of euro instabilityPPN: PPN: 1023438046Package identifier: Produktsigel: ZDB-1-EWE

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