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Titlebook: European Monetary Integration; From German Dominanc Paul J. J. Welfens Book 19911st edition Springer-Verlag Berlin · Heidelberg 1991 Europa

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书目名称European Monetary Integration
副标题From German Dominanc
编辑Paul J. J. Welfens
视频video
图书封面Titlebook: European Monetary Integration; From German Dominanc Paul J. J. Welfens Book 19911st edition Springer-Verlag Berlin · Heidelberg 1991 Europa
描述Monetary integration in the EC will continue with the desired hardening of the European Monetary System that is expected to lead to an EC central bank in the 1990s. Why has the European Monetary System been so successful and what role has the Deutsche Bundesbank played in monetary policy and the EMS in Europe? This book gives an assessment of the EMS developments and its stability record, analyzes the impact of German monetary unification and shows how financial market liberalization as well as the EC 1992 project affect the process of Economic and Monetary Union. The progress in the EMS is occuring in a period of both thorough changes in the U.K. and in European East-West relations and global economic changes. The problems of EC monetary union and EC central banking are discussed and questions of the transition phase of monetary policy are raised. The further progress of EMU - including the creation of an EC central bank - is analyzed both theoretically and from a political-economy perspective. Creating a common central bank and an EC currency raises new issues for the consistency of monetary and fiscal policy in Europe, where U.S. experiences provide valuable insights.
出版日期Book 19911st edition
关键词Europa; European Monetary Integration; Europäische Gemeinschaft; Europäische Währungsunion; Europäisches
版次1
doihttps://doi.org/10.1007/978-3-642-97319-2
isbn_ebook978-3-642-97319-2
copyrightSpringer-Verlag Berlin · Heidelberg 1991
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Towards Monetary Union in the European Community: Why and How,eached by January 1993, the date at which the internal market measures are scheduled to be completed. While it is natural for heads of government and state to push for monetary integration mainly for political reasons economists look at the economic costs and benefits. This paper therefore tries to
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German Monetary Unification and European Monetary Union: Theoretical Issues and Strategic Policy PrGMU) and the European Monetary Union (EMU). The GMU is a new challenge resulting from the November 9, 1989 revolution in East Germany. The first ideas for monetary integration in Europe date back to the year 1970 when the former Prime Minister of Luxembourg Werner presented his plan for an EMU. In 1
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Liberalization and Regulation in the Process of Financial Market Integration in the European Communstablished by the end of 1992. The plan is to have a market without internal frontiers allowing the free movement of goods, services, labor, and capital. As an essential component, the completion of the 1992 single market program involves the realization of a genuine EC-wide common financial market.
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Problems of European Monetary Policy Coordination in the Transition Phase, has gained additional momentum. Before the end of 1990, the President of the European Council will convene an intergovernmental conference which will be charged with the task of preparing an amendment of the treaty with a view to the final stages of EMU.
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Monetary and Fiscal Policy in a European Monetary Union: Some Public Choice Considerations,s for the coordination of monetary policies in the European Community (EC) were already included in the Common Market Treaty of 1958, which obliged all member states to regard their exchange rate policies as a matter of common concern (Art. 107) and created an advisory currency commission (Art. 105)
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