Sustaining European Monetary Union Confronting the Cost of Diversity
The tranquility of the European Union's transition to the euro in 1999 contrasted dramatically with the preceding tumultuous decades of exchange rate crises and political upheavals. But have the EU member states in fact converged sufficiently to make monetary union a stable alternative? Or is E...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Boulder
Lynne Rienner Publishers
[2022]
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| Schriftenreihe: | Studies on the European Polity
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| Schlagworte: | |
| Online-Zugang: | DE-1046 DE-1043 DE-858 DE-Aug4 DE-859 DE-860 DE-739 DE-473 URL des Erstveröffentlichers |
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| Zusammenfassung: | The tranquility of the European Union's transition to the euro in 1999 contrasted dramatically with the preceding tumultuous decades of exchange rate crises and political upheavals. But have the EU member states in fact converged sufficiently to make monetary union a stable alternative? Or is EMU an institutional lid on a simmering pot of diverse economies, in which tensions are building to a future blowup? And if the latter, what can be done to remedy the situation? Arguing that EMU is disproportionately socially expensive for many of the present and potential member states, Tal Sadeh's rigorous analysis focuses on the problematic implications of the EU's economic and political diversity. Sadeh is particularly concerned with the domestic structural and institutional reforms that will be necessary to sustain EMU. His supporting quantitative data covers 43 countries: all of the EU member states, the candidate countries, and the EU's neighbors in the Middle East, North Africa, and Eastern Europe |
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| Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Jun 2022) |
| Beschreibung: | 1 online resource (201 pages) |
| ISBN: | 9781626375017 |
| DOI: | 10.1515/9781626375017 |