Journals Higher Education



Published: 22 March 2018

304 Pages


ISBN: 9780198805229

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This text is published by OUP Higher Education Division

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Economics of Monetary Union

Twelfth Edition

Paul De Grauwe

  • The most up-to-date insight into the topic, and the only textbook to fully assess the effects of leaving a monetary union
  • Provides the most authoritative analysis of the fragility of the European monetary unification and proposes a range of strategies to make the Eurozone more robust
  • The right mix of theoretical and applied analysis, providing students with a solid basis for examining monetary union and a balanced understanding of different arguments and perspectives

New to this Edition:

  • New chapter on 'Deconstructing the Eurozone', explores the possible implications of a Eurozone member voting to leave, considering the impact on both the exiting member, and the Eurozone itself
  • Extended coverage of the initiatives to strengthen the sustainability of the Eurozone (e.g. Banking Union, Common Unemployment Insurance)
  • New discussion of Quantitative Easing by the ECB and its subsequent effects
  • Practice questions are included in every chapter

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