Economics of Monetary Union 11th Edition

Economics of Monetary Union 11th Edition book cover

Economics of Monetary Union 11th Edition

Author(s): Paul De Grauwe (Author)

  • Publisher: OUP Oxford
  • Publication Date: 4 Feb. 2016
  • Edition: 11th
  • Language: English
  • Print length: 288 pages
  • ISBN-10: 0198739877
  • ISBN-13: 9780198739876

Book Description

The eleventh edition of Economics of Monetary Union 11th Edition provides a concise analysis of the theories and policies relating to monetary union. The author addresses current issues surrounding the Eurozone, including; a critical discussion of the costs and benefits of possible exits by its member countries, an analysis of the role of the ECB as new single supervisor and detail on the sovereign debt crisis.

In Part One the author examines the implications of adopting a common currency, assessing the benefit to each country from being a member of the Eurozone, whilst also questioning whether other parts of the world would gain from monetary unification. Part Two of the book looks at the problems of running a monetary union by analysing Europe’s experience and the issues faced by the European Central Bank.

Editorial Reviews

Review

This continues to be the best book on the market on the Economics of EMU, regularly updated, well-grounded in theory, and with even complex ideas extremely clearly explained… (Professor Rob Ackrill, Nottingham Trent University)

This textbook is essential and unique in its coverage of the most recent institutional changes within the European Monetary Union, including a reflection on the banking union and the role of lender of last resort for the ECB. That, combined with a clear economic analysis make the text essential reading for students rightly demanding an opportunity to explore the European Union and the challenges of monetary union that we are facing today. (Dr Liliana Harding, University of East Anglia)

In my opinion this is the best text book on the European Monetary Union on the market. (Dr Bruce Morley, University of Bath)

About the Author

Currently Paul De Grauwe is John Paulson Professor in European Political Economy at LSE. Prior to joining LSE, Paul was Professor of International Economics at the University of Leuven, Belgium. He was a member of the Belgian parliament from 1991 to 2003. He is honorary doctor of the University of Sankt Gallen (Switzerland), of the University of Turku (Finland), the University of Genoa, the University of Valencia and Maastricht University.

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