Realigning Interests
Crisis and Credibility in European Monetary Integration
Seiten
2004
Palgrave Macmillan (Verlag)
978-1-4039-6438-0 (ISBN)
Palgrave Macmillan (Verlag)
978-1-4039-6438-0 (ISBN)
- Titel ist leider vergriffen;
keine Neuauflage - Artikel merken
Michele Chang explores the circumstances that can lead to a currency crisis, by examining exchange rate realignments in the European Monetary System. She pays particular attention to the influence of domestic politics and how these can prevent governments from responding effectively to market instability.
Why do currency crises happen? What conditions set the stage for such a crisis? How severe will it be? When will it happen? This book answers these questions, illustrating the points by examining the exchange rate realignments of the European Monetary System. It also shows how balancing the tension between domestic and international politics plays a vital part in a government's willingness to uphold its exchange rate commitments. Michele Chang pays particular attention to the role of domestic elections, since these may prevent governments from credibly committing to a fixed exchange rate and from responding quickly and coherently to market instability, thus encouraging speculation.
Why do currency crises happen? What conditions set the stage for such a crisis? How severe will it be? When will it happen? This book answers these questions, illustrating the points by examining the exchange rate realignments of the European Monetary System. It also shows how balancing the tension between domestic and international politics plays a vital part in a government's willingness to uphold its exchange rate commitments. Michele Chang pays particular attention to the role of domestic elections, since these may prevent governments from credibly committing to a fixed exchange rate and from responding quickly and coherently to market instability, thus encouraging speculation.
MICHELE CHANG teaches political Science at Colgate University, USA, and is a Fellow at Cornell University's Institute for European Studies. She has received fellowships from the Institute on Global Conflict and Cooperation and the Deutscher Akademischer Austausch Dienst. She has previously published in the Journal of Public Policy as well as with Cornell University Press.
Introduction The European Monetary System Political Economy of Currency Crisis and Devaluation France, 1981 1986 France, 1988 1995 Italy: Domestic Versus International Origins of Currency Crises Ireland Conclusion
| Erscheint lt. Verlag | 6.7.2004 |
|---|---|
| Zusatzinfo | Illustrations |
| Verlagsort | Gordonsville |
| Sprache | englisch |
| Maße | 146 x 216 mm |
| Gewicht | 367 g |
| Themenwelt | Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft |
| Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
| ISBN-10 | 1-4039-6438-6 / 1403964386 |
| ISBN-13 | 978-1-4039-6438-0 / 9781403964380 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
Mehr entdecken
aus dem Bereich
aus dem Bereich
eine Einführung in die Staatsfinanzen
Buch | Hardcover (2024)
Vahlen (Verlag)
CHF 55,70
New Foundations
Buch | Softcover (2022)
Edward Elgar Publishing Ltd (Verlag)
CHF 89,95
and why it doesn't work the way we think it does
Buch | Softcover (2023)
Pan Books (Verlag)
CHF 19,15
