EMU: Assessing the Impact of the Euro (Economic Policy) - Softcover

Reseña del editor

This is the first book to investigate how the Euro has affected trade, financial markets, macroeconomic policy making and Europe's economic performance since it came into operation in January 1999. The book features eight studies by leading European and North American economists; covers topics such as inflation measurement, price stability, fiscal policies and monetary policy; looks at economic conditions and prospects outside the Eurozone; and, presents essential information in non-technical language.

Contraportada

The Euro has been in operation since January 1999 - just long enough to provide sufficient data for a first look at its actual performance. In contrast to the many other euro-studies that rely on forecasting and extrapolation from historical experiences, the eight studies in this book use post-1999 data to provide a first look at how the Euro is actually affecting trade, financial markets, macroeconomic policy making and Europe’s economic performance. Although a definitive evaluation must wait for many more years of data, the studies by leading European and North American economists marshal the best available evidence to provide an early assessment.

This volume offers the first empirical evaluation of the European monetary unification experience.