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EMU: Prospects and Challenges for the Euro By: David K.H. Begg Normal price: 39.5 Our price: 7.9 + postage Bargain: save £31.6 ! Product code: 10728 ISBN: 0631209972 351 pages Format: Pb Published by: Blackwell Publishers, 1998, 1st edition There are no reviews available for this book Description of EMU: Prospects and Challenges for the Euro This volume explores life once Europe shares the same currency. Some of the best European and American economists use available theories and data, including historical evidence, to look at the operation of monetary and fiscal policy, at the effects of shocks and at the international role of the euro. The book will serve as the reference for understanding the early challenges of EMU. This volume is a special issue of the review, Economic Policy: A European Forum. It contains revised versions of the papers presented in the Twenty-Sixth Economic Policy Panel Meeting held in Bonn on 17/18 October 1997, with the support of the Zentrum fur Europaische Integrationsforschung. EMU: Prospects and Challenges for the Euro - Chapter headings Editors' Introduction Immediate challenges for the European Central Bank The Stability Pact: more than a minor nuisance? Stability without a pact? Lessons from the European gold standard, 1880-1914 Does EMU need a fiscal federation? Regional nod-adjustment and fiscal policy Blessing or curse? Foreign and underground demand for euro notes The emergence of the euro as an international currency