Monetary Unions: Institutions and Policies Kempf Hubert
Monetary Unions: Institutions and Policies Kempf Hubert This textbook explains the notion of monetary union, highlighting the key concepts, procedures, and challenges involved. In the first part, the…
Specifikacia Monetary Unions: Institutions and Policies Kempf Hubert
Monetary Unions: Institutions and Policies Kempf Hubert
This textbook explains the notion of monetary union, highlighting the key concepts, procedures, and challenges involved. In the first part, the reader learns about monetary issues, like definitions and typology of monetary unions, rationale of monetary unions, monetary policy, monetary institutional matters. The book is organized in three parts.
The last part focuses on other distinct but related issues, necessary to complete the union: banking and fiscal unions, structural adjustments in a monetary union. The second part is devoted to fiscal matters and the interplay between fiscal and monetary policies, such as deficits, transfers, public debt sustainability issues, fiscal policy, policy mix. It ends with a chapter on the fate of monetary unions: how they develop, mature and sometimes dissolve.The book addresses students at undergraduate and graduate level, interested in a better