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This book is an accessible introduction to European monetary integration which provides a historical background to current debates, as well as an analysis of future developments. It includes: a chronology of economic and monetary unification from 1958-1999, a clear non-technical presentation of the economic issues regarding the costs and benefits of creating a monetary union, a detailed presentation of the economic and legal framework for the ...

This new study provides a comprehensive survey of the recently established European financial system in comparison to previous European systems and the US Federal Reserve. This well-written contribution to financial economics should be of interest to academics as well as professionals concerned with financial systems around the world.

This book is an accessible introduction to European monetary integration which provides a historical background to current debates, as well as an analysis of future developments. It includes: a chronology of economic and monetary unification from 1958-1999, a clear non-technical presentation of the economic issues regarding the costs and benefits of creating a monetary union, a detailed presentation of the economic and legal framework for the ...