TY - BOOK AU - Grauwe,Paul de TI - Economics of monetary union SN - 9780199297801 AV - HG930.5 .G674 2007 U1 - 337.1 PY - 2007/// CY - Oxford, New York PB - Oxford University Press KW - Monetary unions KW - Monetary policy KW - European monetary system (organisation) KW - European Union countries N1 - Includes bibliographical references and index N2 - EMU as a classic text analyzes the costs and benefits associated with having one currency as well as the practical workings and current issues involved with the euro. In the first part, the author considers the implications of joining a monetary union through an economic cost & benefit analysis. The second part looks at the reality of monetary unions by analyzing Europe's experience, how it was designed to conduct a single monetary policy UR - http://www.loc.gov/catdir/toc/ecip0711/2007007682.html UR - http://www.loc.gov/catdir/enhancements/fy0907/2007007682-b.html UR - http://www.loc.gov/catdir/enhancements/fy0907/2007007682-d.html ER -