000			02161nam a2200349 i 4500
001			CR9781108962315
003			UkCbUP
005			20240301142633.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			200715s2021||||enk o ||1 0|eng|d
020			_a9781108962315 (ebook)
020			_z9781108965477 (paperback)
040			_aUkCbUP _beng _er#da _cUkCbUP
043			_ae------
050		4	_aHG925 _b.P66 2021
082	0	4	_a332.494 _223
100	1		_aPomfret, Richard, _eauthor.
245	1	4	_aThe road to monetary union / _cRichard Pomfret.
264		1	_aCambridge : _bCambridge University Press, _c2021.
300			_a1 online resource (50 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
490	0		_aCambridge elements. Elements in economics of European integration, _x2634-0763
500			_aTitle from publisher's bibliographic system (viewed on 04 Mar 2021).
520			_aThe Road to Monetary Union analyses in non-technical language the process leading to adoption of a common currency for the European Union. The monetary union process involved different issues at different times and the contemporary global background mattered. The Element explains why monetary union was attempted and failed in the 1970s, and why the process was restarted in 1979, accelerated after 1992 and completed for a core group of EU members in 1999. It analyzes connections between eurozone membership and Greece's sovereign debt crisis. It concludes with analysis of how the eurozone works today and with discussion of its prospects for the 2020s. The approach is primarily economic, while acknowledging the role of politics (timing) and history (path dependence). A theme is to challenge simplistic ideas (e.g. that the euro has failed) with fuller analysis of competing pressures to shape the nature of monetary union.
650		0	_aMonetary policy _zEuropean Union countries.
651		0	_aEuropean Union countries _xEconomic integration.
776	0	8	_iPrint version: _z9781108965477
856	4	0	_uhttps://doi.org/10.1017/9781108962315
999			_c8888 _d8888