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New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone Book PDF Summary

This work examines the political economy of exchange-rate policies in the eastward expansion of the eurozone. Analysis shows that prospective members of the EMU are likely to pass on some costs of convergence to the current EMU members. The mechanism is an altered exchange-rate policy that utilizes a "threaten-thy-neighbour" strategy. This could ensure a stabilization of the CEECs' convergence toward the EMU, and a successful eastward enlargement of the eurozone.

Detail Book of New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone PDF

New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone
  • Author : Christian H. Fahrholz
  • Release : 03 September 2009
  • Publisher : Physica
  • ISBN : 3790822590
  • Genre : Business & Economics
  • Total Page : 155 pages
  • Language : English
  • PDF File Size : 18,5 Mb

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