Economics of Monetary Union
Edition: 4 edition
Publisher: Oxford University Press, USA
Published: July 13, 2000
Language: eng
Format: Paperback
Number of pages: 256
ISBN-13: 9780198776321
Subjects: Economic systems; International economics; Monetary economics; Economic Integration; International Finance; Business & Economics; Business / Economics / Finance; Business/Economics; Europe; Foreign Exchange; Money & Monetary Policy; Business & Economics / Money & Monetary Policy; International - General; International Relations - General; European Union countries; Monetary policy; Monetary unions
First sentence: THE costs of a monetary union derive from the fact that when a country relinquishes its national currency, it also relinquishes an instrument of economic policy, i.e. it loses the ability to conduct a national monetary policy.
Notes: 4th Edition