Monetary Policy at the European Periphery

Greek Experience and Lessons for EU Candidates

Iannis A. Mourmouras, Michael G. Arghyrou (Autoren)

Buch | Hardcover

XV, 218 Seiten

2000 | 1., Aufl.
Springer Berlin (Verlag)
978-3-540-66932-6 (ISBN)

Artikel merken

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. TOC:1999 and the European periphery.- An assessment of monetary strategies.- A new credible strategy.The complete table of contents can be found on the Internet: http://www.springer.de

Mitarbeit	Stellvertretende Herausgeber: J. von Hagen
Verlagsort	Berlin
Sprache	englisch
Maße	155 x 235 mm
Gewicht	476 g
Einbandart	gebunden
Themenwelt	Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung
	Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
	Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
Schlagworte	Central Bank • Europäische Währungsunion • European Monetary Union • Geldpolitik • Greece • Griechenland • Monetary Economics • monetary policy • Transition Economics • Zentralbank
ISBN-10	3-540-66932-9 / 3540669329
ISBN-13	978-3-540-66932-6 / 9783540669326
Zustand	Neuware