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Economic and Monetary Union Macroeconomic Policies

Economic and Monetary Union Macroeconomic Policies

Malcolm Sawyer / Philip Arestis

65,16 €
IVA incluido
Disponible
Editorial:
Springer Nature B.V.
Año de edición:
2013
Materia
Macroeconomía
ISBN:
9780230232228
65,16 €
IVA incluido
Disponible

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This book focuses on the construction of the economic policies of the Economic and Monetary Union (EMU) and its institutions. It reviews the faltering economic performance of the EMU countries before and after the onset of the financial crisis. It exposes the shortcomings and design faults of the EMU project on fiscal and monetary policies under the Stability and Growth Pact (SGP) and now the ’fiscal compact’. It critically examines the labour market agenda of the EMU and argues for avoidance of the neo-liberal employment policies being advocated. It proposes an alternative policy agenda for a sustainable currency union, and asks whether a currency union can be sustained without de facto political union.

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