Financial Governance and Democratic Consolidation: The Dual Challenge of the EU

Louka T. Katseli

Chapter 7 in Contemporary Economic Theory, 1999, pp 159-172 from Palgrave Macmillan

Abstract: Abstract Only a couple of years before the turn of this century, Europe is facing the task of building an effective Economic and Monetary Union (EMU) without destabilizing financial markets and/or deconsolidating democratic processes. At a time of increased capital volatility, of high unemployment and of social exclusion, the strengthening of financial governance and the consolidation of democracy emerge as two of the most important challenges for the Union.

Keywords: Exchange Rate; Foreign Direct Investment; Monetary Policy; European Economic Community; Exchange Rate Policy (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-27714-8_7

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DOI: 10.1007/978-1-349-27714-8_7

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