Title: The challenge of globalization and institution building
Description: Describing and analyzing the links between monetary policy and economic governance in small countries in both Western and Eastern Europe, this interdisciplinary volume demonstrates how interest groups shape monetary policy decisions in increasingly globalized financial markets. The contributors' findings hold great relevance even for large countries like the United States, which are now struggling with the challenges of internationalization.

A diverse group of political scientists and economists, the contributors contend that although the small states have limited options, they are nonetheless able to make choices that enable their export industries to flourish in an environment of increasing internationalization. The authors conclude that lack of control over the future shape of monetary union in Europe is not inimical to future prosperity.
Subjects: International finance, Europaische Integration, Wahrungspolitik, Internationalisierung, Monetary policy, Wirtschaftsordnung, Pressure groups, Economic policy, Pressure-group, Kleinstaat, Geldpolitik, International Competition, Small States, Interessenverband, Congresses, Wirtschaftspolitik, Monetary policy, europe, States, small, Competition, international, Politique monétaire, Congrès, Groupes de pression, Petits États, Politique économique, Concurrence internationale, POLITICAL SCIENCE, General, Europäische Integration, Währungspolitik
Places: Europe, 1993> Minneapolis <Minn., Europa