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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Bibliographic Details
Main Author:	Coppel, Jonathan
Corporate Author:	Organisation for Economic Co-operation and Development
Other Authors:	DeSerres, Alain
Format:	eBook
Language:	English
Published:	Paris, France : Organisation for Economic Co-operation and Development, ©1999.
Subjects:	Economic and Monetary Union > Statistics. Monetary policy > European Union countries. Euro. Politique monétaire > Pays de l'Union européenne. Euro (Monnaie) Economic and Monetary Union. Monetary policy. European Union countries. Monetary unions > European Union countries. Euro Monetary Union Statistics.
Online Access:	Table of contents http://new.sourceoecd.org/9264170278 EMU View this book online, via SourceOECD, both on- and off-campus

Table of Contents:

Overview
I. The launch of the euro: economic conditions and prospects
II. Macroeconomic policies
III. Susceptibility to shocks
IV. Adaptability to shocks: the role of labour markets
Notes
Glossary of acronyms
Bibliography
Annexes: I. The position of the EU "outs" toward joining the Monetary Union. II. A comprehensive data set for the euro area. III. Measuring asymmetric economic shocks. IV. Cluster analysis and EU convergence
V. Regional data.