Policy Coordination in a Monetary Union di Michael Carlberg edito da Springer Berlin Heidelberg
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Policy Coordination in a Monetary Union

EAN:

9783540006947

ISBN:

354000694X

Pagine:
292
Formato:
Hardback
Lingua:
Tedesco
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Descrizione 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 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.

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