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European Monetary Union: The Way Forward analyses the economic effects of the changeover to a unified European currency and assesses the pressures caused by a dual-currency system over the three and a half years transition period to the Euro. Subjects discussed include:
* fiscal transfer payments: the implications of the US structure for the EMU
* the arbitrage consequences of parallel currency 1999-2002
* the feasibility of a single currency without the exchange rate mechanism
* the relationship between the UK and Europe
* accounts of moves towards monetary union in Austria, Portugal and Finland. Providing a detailed overview of the financial implications of European Monetary Union, this collection contains contributions by professional financial specialists from a number of European countries. It will be extremely useful for all those studying contemporary European economics and politics.
* fiscal transfer payments: the implications of the US structure for the EMU
* the arbitrage consequences of parallel currency 1999-2002
* the feasibility of a single currency without the exchange rate mechanism
* the relationship between the UK and Europe
* accounts of moves towards monetary union in Austria, Portugal and Finland. Providing a detailed overview of the financial implications of European Monetary Union, this collection contains contributions by professional financial specialists from a number of European countries. It will be extremely useful for all those studying contemporary European economics and politics.
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