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Macmillan Higher Education

Economic and Monetary Union

Author(s):
Publisher:

Palgrave

Pages: 288
Series:

The European Union Series

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AVAILABLE FORMATS

Paperback - 9781137342935

05 August 2016

$49.99

In stock

Hardcover - 9781137342942

05 August 2016

$119.00

In stock

This accessible introductory text provides a comprehensive and accessible account of the evolution of the Eurozone, from its beginnings in fixed exchange rate systems through to the aftermath of the sovereign debt crisis. It...

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This accessible introductory text provides a comprehensive and accessible account of the evolution of the Eurozone, from its beginnings in fixed exchange rate systems through to the aftermath of the sovereign debt crisis. It examines why the EMU was created, what went wrong to bring about the global financial crisis, and why countries were affected so differently. It assesses the impact of monetary union both in Europe and beyond and evaluates the prospects for the Euro as an international currency.

Recognising that political union has long been seen as part of monetary integration, and that Eurozone membership often impacts domestic policy, Chang widens the scope of her evaluation to include consider effects and developments that are not purely economic in scope. Using theories drawn from economics and political science, this book provides students with an up-to-date analysis of the recent reforms undertaken, grounded in a long-term perspective of the trajectory of European integration.

As well as suiting upper-level undergraduate and Master's courses on European Monetary Union, this text is beneficial for students of Politics, International Relations and European Studies on more general courses to foster an understanding of the impact of the EMU on the wider functioning of the EU. The text is filled with figures, maps, timelines and other pedagogical features to ensure this topic accessible to students of all levels.


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  • Accessible approach to EMU, no prior knowledge necessary
  • Historical development detailed, as well as recent developments
  • Full of maps, figures and timelines to aid learning

Introduction
1. History of Economic and Monetary Union
2. Monetary Integration
3. The European Central Bank
4. Financial Integration and Banking Union
5. Fiscal Policy Coordination
6. Economic Policy Coordination
7. The Euro Outs: A View from the Outside
8. EMU and the World
Conclusion.

The companion website has been designed specifically to supplement the text and to provide intergrated learning. Resources available:

  • Explanatory diagrams
  • Financial assistance by country breakdowns
  • Major event print-outs
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Michele Chang is Professor in the Department of European Political and Administrative Studies at the College of Europe in Bruges, Belgium. Prior to this, she was a Fulbright fellow at the Centre for European Policy Studies (Brussels). She has published work on euro area governance, financial crises, and fiscal policy. She has taught at numerous universities in the US and Europe. She currently sits on the Executive Board of the European Union Studies Association.

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Michele Chang is Professor in the Department of European Political and Administrative Studies at the College of Europe in Bruges, Belgium. Prior to this, she was a Fulbright fellow at the Centre for European Policy Studies (Brussels). She has published work on euro area governance, financial crises, and fiscal policy. She has taught at numerous universities in the US and Europe. She currently sits on the Executive Board of the European Union Studies Association.

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