Beschreibung:
The Economic and Monetary Union (EMU) has prompted much discussion. This book stands back and considers the relevant theory or what lessons might be drawn from other unions that have been formed as well as looking at EMU directly.
1. Introduction 2. Theoretical Issues Pertaining to Monetary Unions 3. The Future of EMU: What Does the History of Monetary Unions Tell Us? 4. How Long Did It Take the United States to Become an Optimal Currency Area? 5. The Economics of Cacania, 1867-1914 6. The Future of the Euro: A Public Choice Perspective