The Economics of Monetary Integration

By Paul De Grauwe and de Grauwe

Book Overview

Is there a strong economic case for a nation to have separate currencies? Does a nation increase its welfare by abolishing its currency and adopting that of a wider area? Should that area be the European Community, all of Europe, or the whole world? This volume on monetary integration addresses these questions through an exploration of the economic costs and benefits of such a union in Europe. It includes an analysis of the European Monetary System and scrutinizes issues related to the transition to a full monetary system.

• Format: Paperback
• Language: English
• ISBN: 019877348X
• ISBN13: 9780198773481
• Release Date: June 1992
• Publisher: Oxford University Press
• Length: 206 Pages
• Weight: 0.63 lbs.
• Dimensions: 8.5" x 0.5" x 5.4"

Customer Reviews

Useful

I'm an undergraduate student in Finance and Economics. I picked up this book for a term paper for my Public Economics class. If there's one thing to say about De Grauwe's book is that it seemed very useful, down to earth, in contrast to other economics books I've read. The concepts covered in the book were explained very clearly, and for someone interested in the area, the theories seemed ready for use for application in understanding the important issues of monetary integration.Whether there are flaws in the theory are--honestly--beyond my grasp; I'd have to read more. The book seems written and revised fairly enough and hasn't received negative comments from the faculty at my university. If someone else has a contrary opinion, I'm sure it'd help for people to hear.Check the sample pages if you want to see if this book would be good for you.