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

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

Christian H. Fahrholz
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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.
      Format: Paperback / softback CONTRIBUTORS: Christian H. Fahrholz EAN: 9783790817614 COUNTRY: Germany PAGES: WEIGHT: 454 g HEIGHT: 235 cm
      PUBLISHED BY: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG DATE PUBLISHED: 2006-10-05 CITY: GENRE: BUSINESS & ECONOMICS / General, BUSINESS & ECONOMICS / Economics / Macroeconomics, BUSINESS & ECONOMICS / International / Economics & Trade, BUSINESS & ECONOMICS / Economics / Theory, POLITICAL SCIENCE / Public Policy / Economic Policy WIDTH: 155 cm SPINE:

      Book Themes:

      EU (European Union), Economics, Economic theory and philosophy, Macroeconomics, International economics, Political economy

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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.
      Format: Paperback / softback CONTRIBUTORS: Christian H. Fahrholz EAN: 9783790817614 COUNTRY: Germany PAGES: WEIGHT: 454 g HEIGHT: 235 cm
      PUBLISHED BY: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG DATE PUBLISHED: 2006-10-05 CITY: GENRE: BUSINESS & ECONOMICS / General, BUSINESS & ECONOMICS / Economics / Macroeconomics, BUSINESS & ECONOMICS / International / Economics & Trade, BUSINESS & ECONOMICS / Economics / Theory, POLITICAL SCIENCE / Public Policy / Economic Policy WIDTH: 155 cm SPINE:

      Book Themes:

      EU (European Union), Economics, Economic theory and philosophy, Macroeconomics, International economics, Political economy

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