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The Road to European Monetary Union

£39.99

Product description

This book explains the political background, and describes the decision-making leading to European Economic and Monetary Union (EMU). As a former central banker who participated in the process for three decades, Andre Szasz is uniquely placed to add practical insights to his theoretical and historical research. Political rather than economic considerations were decisive in establishing EMU. France resented German monetary dominance and insisted on a form of decision-making in which it could exert influence. Germany complied. It needed French support at an early stage when trying to normalise relations with the Eastern bloc, and later - when Chancellor Helmut Kohl forced German unification. Located in the centre of Europe, and very much aware of recent history, Germany wished to secure stability by establishing Political Union. Meeting French demands to establish Monetary Union was a condition that had to be fulfilled first. Thus the issues involved are issues of power, though these are often couched in technical terms.

Condition: Slight crumpling to the extremities of the dust jacket. Marginal notes and markings in ink throughout.

Item details

Author(s):
Szasz, Andre
Condition:
Used: good
Dimensions:
8vo
Edition:
1999
Format:
Hardback
ISBN-10:
0333749731
ISBN-13:
9780333749739
Number of pages:
258
Publisher:
Macmillan
Title:
The Road to European Monetary Union

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About this item

This book explains the political background, and describes the decision-making leading to European Economic and Monetary Union (EMU). As a former central banker who participated in the process for three decades, Andre Szasz is uniquely placed to add practical insights to his theoretical and historical research. Political rather than economic considerations were decisive in establishing EMU. France resented German monetary dominance and insisted on a form of decision-making in which it could exert influence. Germany complied. It needed French support at an early stage when trying to normalise relations with the Eastern bloc, and later - when Chancellor Helmut Kohl forced German unification. Located in the centre of Europe, and very much aware of recent history, Germany wished to secure stability by establishing Political Union. Meeting French demands to establish Monetary Union was a condition that had to be fulfilled first. Thus the issues involved are issues of power, though these are often couched in technical terms.

Condition: Slight crumpling to the extremities of the dust jacket. Marginal notes and markings in ink throughout.

Author(s):
Szasz, Andre
Condition:
Used: good
Dimensions:
8vo
Edition:
1999
Format:
Hardback
ISBN-10:
0333749731
ISBN-13:
9780333749739
Number of pages:
258
Publisher:
Macmillan
Title:
The Road to European Monetary Union

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