The Single Currency: Prospects and Problems

Georgios Katiphoris

Chapter 6 in Contemporary Economic Theory, 1999, pp 145-158 from Palgrave Macmillan

Abstract: Abstract This chapter aims at attempting an exercise in unashamedly old-fashioned political economy. I stress the ‘old-fashioned’ in order to disabuse the reader of expectations of any flights of fancy into the realm of ‘New Political Economy’, a discipline which, for me, would be too arcane to contemplate. My version of old-fashioned political economy when confronted with the title ‘the Single Currency, Problems and Prospects’ asks, with Pavlovian spontaneity ‘problems for whom and prospects for whom’. Let us begin with the answer to the first part of this question.

Keywords: Exchange Rate; Monetary Policy; Fiscal Policy; European Central Bank; European Monetary Union (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_6

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DOI: 10.1007/978-1-349-27714-8_6

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