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New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024

New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone
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Fahrholz, Christian 作者
Springer Verlag
譯者
出版日期
155 頁數
$ 101.64 價格
Pap
叢書系列
9783790817614 圖書編碼

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發表於2024-11-28

New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone 在線電子書 epub 下載 pdf 下載 mobi 下載 txt 下載 2024

New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024


New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone 在線電子書 用戶評價

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New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone 在線電子書 著者簡介

New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone 在線電子書 著者簡介

New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone 在線電子書 pdf 下載 txt下載 epub 下載 mobi 在線電子書下載

New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone 在線電子書 圖書描述

This work examines the political economy of exchange-rate policies in the context of the eastward enlargement of the eurozone. The analysis shows that prospective members of the EMU are likely to pass on some of the incurred Maastricht costs of convergence to the current EMU-members. The transmission mechanism is an altered exchange-rate policy that is carried out utilizing a "threaten-thy-neighbour"-strategy. The nature of the arising conflict between current and prospective EMU-members originates from both parties' admitted inclination to complete the enlargement process, complicated by their disinclination to bear the costs. The ensuing moral-hazard behaviour of the CEECs proves to be one of brinkmanship. The subsequent bargaining game results in a robust outcome most likely in terms of providing extra European funding. This may then ensure a stabilization of the CEECs' convergence toward the EMU, and a successful completion of eastward enlargement of the eurozone.

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