EMU : facts, challenges, and policies.
"An effective approach to coordinating monetary and budgetary policies has yet to be fully defined. And the euro-area's ability to absorb economic shocks must be assessed and strengthened. Labor markets must become more flexible and adaptable if they are to compensate for the loss of natio...
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| Format: | eBook |
| Language: | English |
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Paris, France :
Organisation for Economic Co-operation and Development,
©1999.
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| Online Access: | Table of contents http://new.sourceoecd.org/9264170278 EMU View this book online, via SourceOECD, both on- and off-campus |
| Summary: | "An effective approach to coordinating monetary and budgetary policies has yet to be fully defined. And the euro-area's ability to absorb economic shocks must be assessed and strengthened. Labor markets must become more flexible and adaptable if they are to compensate for the loss of national monetary autonomy that EMU implies and if adjustment is not to be at the expense of jobs. A special chapter discusses the obstacles to geographic labor mobility and the rigidity of wage setting mechanisms. This book discusses these challenges in light of the most penetrating and informative analysis available. It draws on analyses and figures never before published and attempts to identify the best policies for ensuring the success of the monetary union."--Jacket. |
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| Item Description: | Principle authors: Jonathan Coppel and Alain De Serres. |
| Physical Description: | 208 pages : color illustrations ; 23 cm |
| Bibliography: | Includes bibliographical references (pages 178-193). |
| ISBN: | 9264170278 9789264170278 9264172602 9789264172609 |
| Access: | No restrictions on access. |