SUSTAINING EUROPEAN MONETARY UNION by Tal Sadeh ( 9781588264787 )

Item Details

Title:

SUSTAINING EUROPEAN MONETARY UNION
CONFRONTING THE COST OF DIVERSITY

By:

Format:

Hardback

List price:	£58.95
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ISBN 10:

1588264785

ISBN 13:

9781588264787

Publisher:

LYNNE RIENNER PUBLISHERS INC

Pub. date:

1 August, 2006

Pages:

200

Description:

Arguing that EMU is disproportionately socially expensive for many of the present and potential member states, this book focuses on the problematic implications of the EU's economic and political diversity. It is particularly concerned with the domestic structural and institutional reforms that will be necessary to sustain EMU.

Synopsis:

The tranquility of the European Union's transition to the euro in 1999 contrasted dramatically with the preceding tumultuous decades of exchange rate crises and political upheavals. But have the EU member states in fact converged sufficiently to make monetary union a stable alternative? Or is EMU an institutional lid on a simmering pot of diverse economies, in which tensions are building to a future blowup? And if the latter, what can be done to remedy the situation? Arguing that EMU is disproportionately socially expensive for many of the present and potential member states, Tal Sadeh's rigorous analysis focuses on the problematic implications of the EU's economic and political diversity. Sadeh is particularly concerned with the domestic structural and institutional reforms that will be necessary to sustain EMU. His supporting quantitative data covers 43 countries: all of the EU member states, the candidate countries, and the EU's neighbors in the Middle East, North Africa, and Eastern Europe.

Illustrations:

Illustrations

Publication:

Imprint:

Lynne Rienner Publishers Inc

Returns:

Returnable

Some other items by this author:

THE POLITICAL ECONOMY OF EUROPE'S INCOMPLETE SINGLE MARKET