The book reconstructs the long road toward a European single currency: the first monetary unification projects in the 50s and 60s; the turbulence of the 70s; the EMS; the causes of the 1992 crisis; the long struggle for the Monetary Union, which would end at Maastricht. Finally,…
This book - written by leading academics and practitioners in the field - brings together cutting edge research on exchange rate regime and monetary union issues. There is a particular focus on the implications for member states of the Gulf Cooperation Council (GCC) which is its…
This title brings together the perspectives of a group of experts who focus on these important issues, and explores the appropriateness of pegging to the dollar for both individual countries prior to monetary union and for the subsequent union itself. This book - written by lea…
In preparation for monetary union most of the Gulf Cooperation Council (GCC) countries have pegged their currencies rigidly to the US dollar. However, the relatively dramatic movements in the US dollar in the recent past, and also in the early 1990s, have called this practice in…
Both studies of political power and Europeanization studies have tended to neglect central banks. As the age of the euro reaches its 10th anniversary, it is timely to reflect on what it means for central banks, which have been at the forefront of the establishment of Economic an…
The age of the euro has cast central banks in a newly prominent role in European integration and in macro-economic policy making in Europe. This text examines the effects of the euro as the new European single currency on the central banks of the member states of the European Un…
Both studies of political power and Europeanization studies have tended to neglect central banks. As the age of the euro reaches its 10th anniversary, it is timely to reflect on what it means for central banks, which have been at the forefront of the establishment of Economic an…