Monetary Union and Fiscal Stability
Subtitle: A New Approach
Edition: 1 edition
Publisher: Physica-Verlag Heidelberg
Published: March 7, 2000
Language: eng
Format: Paperback
Number of pages: 225
ISBN-13: 9783790812664
Subjects: Monetary economics; Public Finance; Foreign Exchange; Monetary Policy; Business & Economics; Business / Economics / Finance; Money & Monetary Policy; Business/Economics; EU (European Union); Italy; Economics - General; Economics - Macroeconomics; Business & Economics / Foreign Exchange; Business & Economics / Macroeconomics; Business & Economics : Economics - Macroeconomics; Business & Economics : Money & Monetary Policy; Exchange Rate Effects; Fiskalpolitik; Interest Effects; Monetary Union; European Union countries; Fiscal Policy; Monetary unions
First sentence: Forming or joining a monetary union requires acceptance of a common currency and a common central bank irrespective of cross-country differences in initial conditions.