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CiteWeb id: 20160000065

CiteWeb score: 605

With the launch of the Euro, Europe's monetary landscape has changedfundamentally. Now in its fourth edition, this well-established textbook onmonetary integration has been significantly rewritten to take account of thesechanges.New issues include:Monetary policies in Euroland in the presence of asymmetric shocksThe mechanics of open market operations in EurolandIs the Eurosystem too decentralized?The Target Payments systemProblems of bank supervision and control in EurolandThe future of the euro in the international financial systemWill the euro be a strong currency?Financial and banking integration in Euroland.This latest edition has been produced in a larger format, with clear figures andtables packed with relevant international data. Chapter conclusions provide aclear summary of each topic under discussion. Paul De Grauwe's lucid andbalanced analysis continues to provide a clear account of all the crucial issuessurrounding monetary union for undergraduate students of monetary economics andEuropean studies.

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