Economics of monetary union

Paul de Grauwe

"Fully revised and updated following monetary union in Europe, this textbook examines recent events from both economic and political perspectives, covering costs and benefits in a scrupulously balanced account. New topics are the conduct of monetary policy in Euroland and the position of the euro in financial markets." "Paul De Grauwe's analysis provides a readable account of all the crucial issues surrounding monetary union, and is ideal for all students of international economics, economic integration, and European economics."--Jacket.