- Paperback: 266 pages
- Publisher: Oxford University Press; 5th Revised edition edition (19 Jun 2003)
- Language English
- ISBN-10: 0199256519
- ISBN-13: 978-0199256518
- Product Dimensions: 24.4 x 18.5 x 1.5 cm
- Average Customer Review: 4.0 out of 5 stars See all reviews (1 customer review)
- Amazon Bestsellers Rank: 771,406 in Books (See Top 100 in Books)
- See Complete Table of Contents
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Review
Praise for Earlier Editions: "The exposition is clear and straightforward....It has no competition, as far as I know, in bringing together some facts and theory in a suitably digestable and pedagogical way. It makes a good 'core' text."--Economica
"Lucid, comprehensive, and well balanced. It can be recommended to both specialists and the reasonably well-informed general reader without any reservations."--Economic Affairs
"A superb tour de force. A scrupulously balanced assessment of EMU. An excellent mix of theory and empirical work."--Dermot McAleese, Trinity College, Dublin
"A very concise and clear book; a dream come true for students."--Ugur Aker, Hiram College
--This text refers to an out of print or unavailable edition of this title.
Product Description
The market leader and the main specialist book in this area, De Grauwe has built on the success of the previous edition and thoroughly revised and updated this new edition of 'Economics of Monetary Union'. The text gives clear and concise coverage of all the key issues relating to monetary union and will fit with both undergraduate and postgraduate Economics modules. Student-friendly and well structured, the book is split into two parts. The first part examines the theory of optimal currency and the costs and benefits of joining a monetary union and the second part looks at the workings of the present monetary union in Europe. De Grauwe applies these issues to real life examples, including the question of the costs and benefits of joining the Euro for the UK and the independence and accountability of the European Central Bank. In addition, new, current topics have been added to the book, including the problems of monetary unification in Latin America and Asia and an analysis of dollarization. NEW TO THIS EDITION - New, current topics have been added to the book including: - the problems of monetary unification in Latin America and Asia - the transition problems towards EMU for the UK and Central Europe - an analysis of dollarization. - an evaluation of the monetary policies of the European Central Bank - Case studies analysing the costs and benefits of EMU for the UK and Central Europe. WEB SITE - This book now has a brand new text supporting web site with PowerPoint slides and Instructor's Manual which accompany and enhance the main text.
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Customer Reviews
Most Helpful Customer Reviews
3 of 3 people found the following review helpful
Format:Paperback
This offers pretty much all you need to know about the European Union and OCA's, but falls a little short in the latter parts when discussing the policies of the ECB. All in all, a sound textbook.
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
2 reviews
7 of 7 people found the following review helpful
Useful
10 April 2002
Format:Paperback
I'm an undergraduate student in Finance and Economics. I picked up this book for a term paper for my Public Economics class.
If there's one thing to say about De Grauwe's book is that it seemed very useful, down to earth, in contrast to other economics books I've read. The concepts covered in the book were explained very clearly, and for someone interested in the area, the theories seemed ready for use for application in understanding the important issues of monetary integration.
Whether there are flaws in the theory are--honestly--beyond my grasp; I'd have to read more. The book seems written and revised fairly enough and hasn't received negative comments from the faculty at my university. If someone else has a contrary opinion, I'm sure it'd help for people to hear.
Check the sample pages if you want to see if this book would be good for you.
0 of 2 people found the following review helpful
Poorly written, incoherent
4 Jan 2012
Format:Paperback
This textbook is poorly written: "one of the main driving forces for the popularity of a monetary union is to be found in the fact that it allows high-inflation countries to import price stability." (pg 99). Instead of "x is because of y," we always get "x has to do with the fact that y might possibly in some but not all important circumstances tend to exist." (pg. 55 and 64.) There's no content, and the same meaningless diagrams keep popping up.
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