New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone

Paperback Engels 2006 2007e druk 9783790817614
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This work examines the political economy of exchange-rate policies in the eastward expansion of the eurozone. Analysis shows that prospective members of the EMU are likely to pass on some costs of convergence to the current EMU members. The mechanism is an altered exchange-rate policy that utilizes a "threaten-thy-neighbour" strategy. This could ensure a stabilization of the CEECs' convergence toward the EMU, and a successful eastward enlargement of the eurozone.

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ISBN13:9783790817614
Taal:Engels
Bindwijze:Paperback
Aantal pagina's:155
Uitgever:Physica-Verlag HD
Druk:2007

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          New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone