The Economics of Monetary Integration / Second Revised Edition - 2nd - Oxford University Press, 1994 - 232

Very clear and highly readable account of economic issues raised by EMU. Introduction, Costs and Benefits of Monetary Union, The Theory of Optimum Currency Areas: A Critique, The Benefits of a Common Currency, Costs and Benefits Compared, Monetary Integration, Incomplete Monetary Unions: The European Monetary System, The Transition to a Monetary Union, A European Central Bank, Fiscal Policies in Monetary Unions, References, Index.

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