ESCP Europe

Item type

Book

Language

English

Publication year

2014

Edition no.

10th ed.

ISBN

978-0-19-968444-1

Geographical area

UNION EUROPEENNE

This book provides an analysis of the theories and policies relating to monetary union. The author analyses both the costs and benefits associated with exiting the eurozone, as well as presenting a discussion of the banking union, the current issues surrounding the TARGET2 payment system, and the role of the European Central Bank. Two big parts : implications of adopting a common currency, assessing each country's benefit from being a member of the eurozone, while also questioning whether other parts of the world would gain from monetary unification ; problems of running a monetary union by analysing Europe's experience and the issues faced by the European Central Bank.