Making the European Monetary Union de James, Harold; Draghi, Mario [Foreword]; Caruana, Jaime [Foreword];

Belknap Press, 2014-11-24. Paperback. Good. 1.7000 in x 8.9000 in x 5.8000 in. Small stains to edge of text block. Back cover is creased.

Paperback. Very Good.

Belknap Press: An Imprint of Harvard University Press. New. Special order direct from the distributor

Paperback / softback. New. Europe's financial crisis cannot be blamed on the Euro, Harold James contends in this probing exploration of the whys, whens, whos, and what-ifs of European monetary union. The current crisis goes deeper, to a series of problems that were debated but not resolved at the time of the Euro's invention. Since the 1960s, Europeans had been looking for a way to address two conundrums simultaneously: the dollar's privileged position in the international monetary system, and Germany's persistent current account surpluses in Europe. The Euro was created under a politically independent central bank to meet the primary goal of price stability. But while the monetary side of union was clearly conceived, other prerequisites of stability were beyond the reach of technocratic central bankers. Issues such as fiscal rules and Europe-wide banking supervision and regulation were thoroughly discussed during planning in the late 1980s and 1990s, but remained in the hands of… Leer más

Belknap Pr, 2014. Paperback. New. 567 pages. 9.00x6.00x1.75 inches.

paperback. Good. Access codes and supplements are not guaranteed with used items. May be an ex-library book.

Paperback / softback. New.