Monetary Unions: Institutions and Policies

This textbook provides an overview of monetary union, covering key concepts, procedures, and challenges. It is organized into three parts: monetary issues, fiscal matters, and other related issues. It is intended for students, policy-makers, practitioners, and economists interested in international macroeconomics and monetary unions.

Format: Paperback / softback
Length: 443 pages
Publication date: 23 April 2023
Publisher: Springer Nature Switzerland AG

This comprehensive textbook delves into the intricate concept of monetary union, providing a detailed exploration of its key principles, processes, and complexities. Structured into three distinct parts, the book offers a comprehensive understanding of monetary issues. In the first part, readers are introduced to fundamental concepts such as definitions and typology of monetary unions, the rationale behind their formation, monetary policy, and monetary institutional matters. The second part focuses on fiscal matters, examining the interplay between fiscal and monetary policies, including topics such as deficits, transfers, public debt sustainability, fiscal policy, and policy mix. The third part delves into other crucial aspects necessary for the completion of a monetary union, including banking and fiscal unions, structural adjustments within a monetary union, and a chapter on the fate of monetary unions, exploring their development, maturation, and potential dissolution.

Designed for students at undergraduate and graduate levels, as well as policy-makers, practitioners, and economists working in central banks, ministries of economics, economic institutions, and banks, this textbook offers a valuable resource for those seeking a deeper understanding of international macroeconomics and monetary unions. It provides a comprehensive framework for analyzing and evaluating the challenges and opportunities associated with monetary integration, enabling readers to make informed decisions and contribute to the development of effective economic policies.

Dimension: 235 x 155 (mm)
ISBN-13: 9783030932343
Edition number: 1st ed. 2022