On the European Monetary Union and the Euro

Author: Wu Wenxu
Publisher:
Publish Date: 2003-01-01
Features: This book is divided into six chapters, primarily studying the development process of the European Monetary Union, the research and development of the theoretical foundation of the European Monetary Union—the Optimal Currency Area theory, the European Central Bank system, the operational mechanisms of the European Central Bank, and the selection of monetary policy tools, as well as labor market issues in Europe and countermeasures to address high unemployment. The impact of the euro on the global and Chinese economies after its introduction is also discussed.