[PDF] The Debate On Money In Europe eBook

Author : Alberto Giovannini
Publisher : MIT Press
Page : 408 pages
File Size : 26,70 MB
Release : 1995
Category : Business & Economics
ISBN : 9780262071680

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Written from 1985 to 1992, the author's essays address such topics as the transition to a European monetary system, the design and functioning of a European Central Bank, curency reform, capital inflow, and exchange rates.

Author : Charles Goodhart
Publisher :
Page : 0 pages
File Size : 44,42 MB
Release : 2008
Category :
ISBN :

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There has been a continuing debate between those who argue that the use of currency was based essentially on the power of the issuing authority - i.e. that currency becomes money primarily because the coins are struck with the insignia of majesty, and not so much because they happen to be made of gold, silver and copper, - and those who argue that the value of currency depends primarily, or solely, on the intrinsic value of the backing of that currency.

Author : Roger Beetham
Publisher : Federal Trust
Page : 220 pages
File Size : 28,14 MB
Release : 2001
Category : Business & Economics
ISBN :

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With the government's promise of a referendum on the euro, this series of essays offers an in-depth look at just how this will be achieved. With contributions from both sides of the debate, the book looks at the arguments, the mechanics and the public opinion concerning the referendum, as well as the history of the earlier referendum in 1975. Contributors to the book include Neil Kinnock, Ken Livingstone, John Edmonds, Simon Buckby, Lord Simon and Ruth Lee.

Author : Markus K. Brunnermeier
Publisher : Princeton University Press
Page : 457 pages
File Size : 36,42 MB
Release : 2016-08-04
Category : Business & Economics
ISBN : 1400883334

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How philosophical differences between Eurozone nations led to the Euro crisis—and where to go from here Why is Europe's great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Greece, Ireland, Spain, Italy, and other Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe’s survival. As the authors demonstrate, Germany, a federal state with strong regional governments, saw the Maastricht Treaty, the framework for the Euro, as a set of rules. France, on the other hand, with a more centralized system of government, saw the framework as flexible, to be overseen by governments. The authors discuss how the troubles faced by the Euro have led its member states to focus on national, as opposed to collective, responses, a reaction explained by the resurgence of the battle of economic ideas: rules vs. discretion, liability vs. solidarity, solvency vs. liquidity, austerity vs. stimulus. Weaving together economic analysis and historical reflection, The Euro and the Battle of Ideas provides a forensic investigation and a road map for Europe’s future.

Author : Stefan Collignon
Publisher : Burns & Oates
Page : 280 pages
File Size : 48,30 MB
Release : 1994
Category : Business & Economics
ISBN :

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A contribution to the European debate on the best way of achieving economic and monetary union, as agreed by the Maastricht Treaty. The text is based on research specially commissioned by the European Parliament. It presents policy options for the future of European monetary co-operation.

Author :
Publisher :
Page : 419 pages
File Size : 10,6 MB
Release : 2019
Category :
ISBN : 9789295085336

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This book tells the inside story of those who played key roles in setting up the organisations and combatting the crisis. In exclusive interviews, global financial leaders and ESM insiders provide a rich stock of perspectives and anecdotes that bring to life the urgency of the crisis as well as the innovative solutions found to resolve it. The European Stability Mechanism and its temporary predecessor the EFSF provided billions of euros in loans to five hard-hit euro area countries during the European financial and sovereign debt crisis of the early 2000s, helping to safeguard the stability of those countries and the euro area as a whole. Initially, the crisis-torn euro area was ill-equipped institutionally, but the rapid establishment of the firewalls, the assistance programmes, deep‐seated country reforms, the strengthening of European institutions, and extraordinary European Central Bank measures shielded Europe from a euro area break-up. With the EFSF/ESM set-up, its managers aspired to create a new, more entrepreneurial international financial institution, one that is agile enough to respond quickly to new challenges, while still ensuring the strict governance befitting an organisation pursuing a public mission. The euro area has emerged from near disaster in more robust shape. As Europe strives to further strengthen its architecture in preparation for any possible future crises, it is important to reflect upon how the euro area reinvigorated its fortunes and draw the relevant lessons for future crisis management in Europe and beyond.

Author : Mr.Tobias Adrian
Publisher : International Monetary Fund
Page : 20 pages
File Size : 41,46 MB
Release : 2019-07-15
Category : Business & Economics
ISBN : 1498324908

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This paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and be issued periodically. The series will carry work by IMF staff and will seek to provide insight into the intersection of technology and the global economy. The Rise of Digital Money analyses how technology companies are stepping up competition to large banks and credit card companies. Digital forms of money are increasingly in the wallets of consumers as well as in the minds of policymakers. Cash and bank deposits are battling with so-called e-money, electronically stored monetary value denominated in, and pegged to, a currency like the euro or the dollar. This paper identifies the benefits and risks and highlights regulatory issues that are likely to emerge with a broader adoption of stablecoins. The paper also highlights the risks associated with e-money: potential creation of new monopolies; threats to weaker currencies; concerns about consumer protection and financial stability; and the risk of fostering illegal activities, among others.

Author : Steven Hill
Publisher : Univ of California Press
Page : 488 pages
File Size : 29,12 MB
Release : 2010-01-19
Category : Political Science
ISBN : 052094450X

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A quiet revolution has been occurring in post-World War II Europe. A world power has emerged across the Atlantic that is recrafting the rules for how a modern society should provide economic security, environmental sustainability, and global stability. In Europe's Promise, Steven Hill explains Europe's bold new vision. For a decade Hill traveled widely to understand this uniquely European way of life. He shatters myths and shows how Europe's leadership manifests in five major areas: economic strength, with Europe now the world's wealthiest trading bloc, nearly as large as the U.S. and China combined; the best health care and other workfare supports for families and individuals; widespread use of renewable energy technologies and conservation; the world's most advanced democracies; and regional networks of trade, foreign aid, and investment that link one-third of the world to the European Union. Europe's Promise masterfully conveys how Europe has taken the lead in this make-or-break century challenged by a worldwide economic crisis and global warming.