A second edition of Money Integration in Europe with a new focus on the European Monetary Union crisis
Addresses the burden of public debt
Assesses the reform options for the EMU

A second edition of Money Integration in Europe with a new focus on the European Monetary Union crisis Addresses the burden of public debt Assesses the reform options for the EMU

Autorentext

Horst Tomann is Professor Emeritus at Freie University Berlin, Germany. He previously held the Jean Monnet Professorship for European Economic Policy at Freie University and was a staff member at the German Council of Economic Experts. He has had several appointments as Visiting Professor, among others at the University of Pennsylvania (Wharton School), USA, and the University of Birmingham, UK. He is the co-editor of Palgrave Macmillan's book series Studies in Economic Transition, and the Palgrave Dictionary of Emerging Markets and Transition Economics, both alongside Jens H lscher.

Inhalt
Chapter 1: The History of Monetary Integration in Europe.- Part I: The Functioning of the Monetary Union. Chapter 2: Theory of Optimum Currency Areas.- Chapter 3: The Economic and Monetary Union: Institutions and Credibility.- Chapter 4: Conventional Monetary Policy of the ECB.- Chapter 5: Fiscal Policy Coordination and the Stability and Growth Pact.- Chapter 6: The EMU and the Wage Bargain.- Part II: Responses to the Financial Crisis. Chapter 7: The ECB's Unconventional Monetary Policy.- Chapter 8: The Burden of Public Debt and the European Stability Mechanism.- Chapter 9: The Banking Union and Financial Stability.- Part III: Long-term Issues. Chapter 10: Real Convergence in a Monetary Union.- Chapter 11: The New European Monetary System.- Chapter 12: The Debate on Reform Options.