The Euro At Ten Lessons And Challenges
Download The Euro At Ten Lessons And Challenges full books in PDF, epub, and Kindle. Read online free The Euro At Ten Lessons And Challenges ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
The Euro at ten lessons and challenges
![The Euro at ten lessons and challenges](https://youbookinc.com/wp-content/uploads/2024/06/cover.jpg)
Author | : Bartosz Maćkowiak |
Publsiher | : Unknown |
Total Pages | : 315 |
Release | : 2009 |
Genre | : Banks and banking, Central |
ISBN | : 9289903767 |
Download The Euro at ten lessons and challenges Book in PDF, Epub and Kindle
The Euro at Ten Lessons and Challenges
Author | : Bartosz Maćkowiak |
Publsiher | : Unknown |
Total Pages | : 324 |
Release | : 2009 |
Genre | : Banks and banking, Central |
ISBN | : STANFORD:36105131255445 |
Download The Euro at Ten Lessons and Challenges Book in PDF, Epub and Kindle
The European Central Bank at Ten
Author | : Jakob de Haan,Helge Berger |
Publsiher | : Springer Science & Business Media |
Total Pages | : 200 |
Release | : 2010-09-16 |
Genre | : Business & Economics |
ISBN | : 9783642142376 |
Download The European Central Bank at Ten Book in PDF, Epub and Kindle
Coming at a critical juncture for the euro, the book takes stock of the ECB's experience during its first ten years and discusses the way ahead. The articles are written by well-known experts in the field and provide the reader with a comprehensive overview of relevant policy issues, including the ECB’s communication and its monetary strategy and instruments.
Competitiveness in the European Economy
Author | : Stefan Collignon,Piero Esposito |
Publsiher | : Routledge |
Total Pages | : 227 |
Release | : 2014-02-05 |
Genre | : Business & Economics |
ISBN | : 9781317812326 |
Download Competitiveness in the European Economy Book in PDF, Epub and Kindle
This book deals with the relationship between the competitiveness of countries in Europe and the analysis of macroeconomic imbalances. It focuses mainly on a European analysis, along with special studies of the German economy, which is rarely considered to be a cause for the current crisis. The book also compares Germany with Italy, providing a comparative perspective on structural reforms. The first part of this book analyses macroeconomic imbalances based on a new framework from the analysis of the flow of founds rather than balance of payments, and presents an alternative measure of unit labour cost comparisons to investigate the relationship between imbalances and competitiveness. The second part is dedicated to the analysis of the trade performance of Germany and Italy and the sustainability of the German model in the EMU. The third part describes the reform policies implemented by Germany and their effect on imbalances; this includes wage moderation, the labour market reforms and weak labour demand. The final part explores the regional inequalities within Germany and Italy, providing useful lessons regarding fiscal federalism and regional banking developments. In conclusion, a big part of the problems within the Euro Area are generated by the use of a wrong framework of analysis, where the EMU is considered as a fixed exchange rate regime and not a single country. This book provides an alternative view which holds at the core the relationship between sectors. It is stressed throughout the book that the German behaviour has contributed to the rise of imbalances between countries due to its growth model, not suitable for a big developed country in a currency union. This book also finds that stressing banking integration within countries helps to reduce regional inequalities, which has important implications for the management of Europe’s future banking union and macroeconomic imbalances.
Adjustment in Euro Area Deficit Countries
Author | : Mr.Thierry Tressel,Mr.Shengzu Wang,Mr.Joong S Kang,Mr.Jay C Shambaugh,Mr.Jörg Decressin,Ms.Petya Koeva Brooks |
Publsiher | : International Monetary Fund |
Total Pages | : 34 |
Release | : 2014-07-14 |
Genre | : Business & Economics |
ISBN | : 9781498373814 |
Download Adjustment in Euro Area Deficit Countries Book in PDF, Epub and Kindle
Imbalances within the euro area have been a defining feature of the crisis. This paper provides a critical analysis of the ongoing rebalancing of euro area “deficit economies” (Greece, Ireland, Portugal, and Spain) that accumulated large current account deficits and external liability positions in the run-up to the crisis. It shows that relative price adjustments have been proceeding gradually. Real effective exchange rates have depreciated by 10-25 percent, driven largely by reductions in unit labor costs due to labor shedding. While exports have typically rebounded, subdued demand accounts for much of the reduction in current account deficits. Hence, the current account balance of the euro area as a whole has shifted into surplus. Internal rebalancing has come with subdued activity—notably very high unemployment in the deficit economies—and made continued adjustment more difficult. To advance rebalancing further, the paper emphasizes the need for: (1) macroeconomic policies that support demand and bring inflation in line with the ECB’s medium-term price stability objective; (2) continued EMU reforms (banking union) to ensure proper financial intermediation; and (3) structural reforms in product and labor markets to improve productivity and support the reallocation of resources to tradable sectors.
Routledge Handbook of the Economics of European Integration
Author | : Harald Badinger,Volker Nitsch |
Publsiher | : Routledge |
Total Pages | : 677 |
Release | : 2015-10-05 |
Genre | : Business & Economics |
ISBN | : 9781317751960 |
Download Routledge Handbook of the Economics of European Integration Book in PDF, Epub and Kindle
Routledge Handbook of the Economics of European Integration provides readers with a brief but comprehensive overview of topics related to the process of European integration in the post-World War II period. Its short chapters reflect the most up-to-date and concise research, written by a collective of experts on their own subjects. The aim of this book is twofold. Firstly, the text illustrates the broad and diverse range of issues associated with European integration, and lastly, the key approaches and findings are summarised. Since institutional integration in Europe is an ongoing process, with possibly frequent and sometimes rapid changes, the chapters are intended to focus on the key features of the economic analyses of these topics. A wide and diverse set of economic issues is of direct relevance for European integration. These topics cover various fields, ranging from the history of the European Economic and Monetary Union, EU Trade Policy and the stability of international trade, single market issues over fiscal, monetary and other policies, the crisis that faces the Euro area, and institutions such as EU Council of Ministers. Not surprisingly, many of these issues have also been analysed from a European perspective. This handbook is designed to provide students, researchers, the public and policy makers with ready and accessible knowledge of issues related to European integration and will provide the definitive overview of research in the area.
Optimal Currency Areas and the Euro Volume I
Author | : Johannes Kabderian Dreyer,Peter Alfons Schmid |
Publsiher | : Springer Nature |
Total Pages | : 129 |
Release | : 2020-06-12 |
Genre | : Business & Economics |
ISBN | : 9783030465155 |
Download Optimal Currency Areas and the Euro Volume I Book in PDF, Epub and Kindle
This book analyses business cycles synchronization in the Euro Area (EA), one of the 3 criteria that define Optimal Currency Areas (OCAs). Even before its launch, economists questioned whether the EA has what it takes to become an OCA. The onset of the sovereign debt crisis in 2010 confirmed the challenges relating to its construction. But did the EA change over time, and what key drivers may be necessary in the future to strengthen the common currency?
Optimal Currency Areas and the Euro Volume II
Author | : Johannes Kabderian Dreyer,Peter Alfons Schmid |
Publsiher | : Springer Nature |
Total Pages | : 131 |
Release | : 2023-09-24 |
Genre | : Business & Economics |
ISBN | : 9783031388675 |
Download Optimal Currency Areas and the Euro Volume II Book in PDF, Epub and Kindle
This book is the second of three volumes that uses the theory of Optimal Currency Areas (OCAs) and applied econometric techniques to provide the reader with a compact analysis of the Euro area, its evolution and future perspectives. Each volume of the series is dedicated to one of the three critical criteria for an OCA: 1) business cycle synchronization, 2) factor mobility and 3) the existence of a risk sharing system. This second volume deals with the criterion of factor mobility. The authors investigate and discuss whether there are signs of labor and capital mobility that have helped dampen economic shocks among the regions of the Euro during its short history. The book is of interest to a wide range of researchers in financial economics, macroeconomics and economic policy.