Policy Coordination in a Monetary Union:

A comprehensive study of the international coordination of economic policy in a monetary union. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the union central bank, the German governmen...

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Bibliographic Details
Main Author: Carlberg, Michael (Author)
Format: Electronic eBook
Language:English
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2003
Edition:1st ed. 2003
Subjects:
Online Access:DE-634
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Summary:A comprehensive study of the international coordination of economic policy in a monetary union. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the union central bank, the German government, and the French government. Similarly, as to policy cooperation, the focus is on cooperation between the union central bank, the German government, and the French government. The key questions are: Does the process of policy competition lead to full employment and price stability? Can these targets be achieved through policy cooperation? And is policy cooperation superior to policy competition? Another important issue is monetary competition / monetary cooperation between Europe and America
Physical Description:1 Online-Ressource (XVI, 274 p)
ISBN:9783540247975
DOI:10.1007/978-3-540-24797-5

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