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Monetary Policy at the European Periphery: Greek Experience and Lessons for EU Candidates (European and Transatlantic Studies)

Unknown Author
4.9/5 (10195 ratings)
Description:The book proposes a monetary policy regime that is suitable for the European Periphery on the road to the euro. The first part examines the relation between the eleven founding members of the EMU and countries staying out of the EMU - paying particular attention to the European Periphery that includes Greece and all those CEE transition countries which have recently applied for EU membership. The second part of the book argues against ERM-II participation for those countries. It stresses the limits in efficiency of an ERM-II arrangement in a world of increased international capital movements, fiscal imbalances, and asymmetric real shocks. The third part offers a consistent and credible monetary framework for the achievement of price stability at the European Periphery: adoption of explicit and formal inflation targets together with political and economic independence of the central bank.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Monetary Policy at the European Periphery: Greek Experience and Lessons for EU Candidates (European and Transatlantic Studies). To get started finding Monetary Policy at the European Periphery: Greek Experience and Lessons for EU Candidates (European and Transatlantic Studies), you are right to find our website which has a comprehensive collection of manuals listed.
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PDF, EPUB & Kindle Edition
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ISBN
3642570321

Monetary Policy at the European Periphery: Greek Experience and Lessons for EU Candidates (European and Transatlantic Studies)

Unknown Author
4.4/5 (1290744 ratings)
Description: The book proposes a monetary policy regime that is suitable for the European Periphery on the road to the euro. The first part examines the relation between the eleven founding members of the EMU and countries staying out of the EMU - paying particular attention to the European Periphery that includes Greece and all those CEE transition countries which have recently applied for EU membership. The second part of the book argues against ERM-II participation for those countries. It stresses the limits in efficiency of an ERM-II arrangement in a world of increased international capital movements, fiscal imbalances, and asymmetric real shocks. The third part offers a consistent and credible monetary framework for the achievement of price stability at the European Periphery: adoption of explicit and formal inflation targets together with political and economic independence of the central bank.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Monetary Policy at the European Periphery: Greek Experience and Lessons for EU Candidates (European and Transatlantic Studies). To get started finding Monetary Policy at the European Periphery: Greek Experience and Lessons for EU Candidates (European and Transatlantic Studies), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
Publisher
Release
ISBN
3642570321
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