The impact of EMU on Europe and the developing countries / edited by Charles Wyplosz.

Format:

Book

Contributor:

Wyplosz, Charles.

Language:

English

Subjects (All):

Economic and Monetary Union.

Monetary policy--European Union countries.

Monetary policy.

European Union countries.

Europe--Economic integration.

Europe.

European Union--Developing countries.

European Union.

Developing countries--Economic conditions.

Local Subjects:

Developing countries--Economic conditions.

Physical Description:

viii, 410 pages : illustrations ; 24 cm

Place of Publication:

Oxford, England ; New York : Oxford University Press, 2001.

Summary:

Now that EMU is here and likely to stay, the "second generation" of research is under way. This volume presents a significant sample of that research and explores questions such as: How do central bankers who used to run their own banks now melt into a single pot? Are labour markets going to shape up? Is the euro becoming a world currency?

Contents:

Introduction and overview / Charles Wyplosz

Monetary union and fiscal federalism / Kenneth Kletzer, Jurgen von Hagen

Accountability, credibility, transparency, and stabilization policy in the eurosystem / Alex Cukierman

The role of national central banks and of different policy cultures / Harald Uhlig

Games for central bankers : markets versus politics in public policy decisions / Alessandra Casella

Will EMU increase Eurosclerosis? / Gilles Saint-Paul, Samuel Bentolila

Growing alike or growing apart? Industrial specialization of EU countries / Marius Brulhart

EMU effects on international trade and investment / Harry Flam, Per Jansson

European financial markets after EMU : a first assessment / Jean-Pierre Danthine, Francesco Giavazzi, Ernst-Ludwig von Thadden

The currency composition of foreign exchange reserves : retrospect and prospect / Barry Eichengreen, Donald J. Mathieson

EMU and the developing countries / Benjamin J. Cohen

Will the euro trigger more monetary unions in Africa? / Patrick Honohan, Philip R. Lane

Will the emergence of the euro affect world commodity prices? / John T. Cuddington, Hong Liang

The impact of EMU on European transition economies : commitment, institutional capacity, and the monetary-fiscal mix / David Begg

A critical view and the research agenda / Charles Wyplosz.

Notes:

"A study prepared for the World Institute for Development Economics Research of the United Nations University (UNU/WIDER)".

Includes bibliographical references and index.

ISBN:

0199245312

OCLC:

47056374