Interest Groups And Monetary Integration: The Political Economy Of Exchange Regime Choice

by Carsten Hefeker

Overview

The currency question, Disreali is reported to have said, has made even more persons mad than love. A quantitative test of the accuracy of this comparison is, in the present deplorable state of medical statistics, scarcely possible, But Disraeli may well have been right.

Product Details

ISBN-13:	9780429979378
Publisher:	Taylor & Francis
Publication date:	05/04/2018
Sold by:	Barnes & Noble
Format:	eBook
Pages:	176
Lexile:	1470L (what's this?)
File size:	378 KB

About the Author

Carsten Hefeker is a faculty member of the Department of Economics at the University of Basel.

Table of Contents

1 Introduction -- 2 The Economics and the Politics of Exchange Rate Regimes -- 3 Monetary Integration in the XIXth century -- 4 The Endogeneity of Fixed Exchange Rates -- 5 Industrial Interests in Monetary Union: The Banking Industry -- 6 Bureaucratic Interests in Monetary Union: The Bundesbank -- 7 Monetary Disintegration in the Former Soviet Union -- 8 Conclusion -- References -- Index -- About the book and Author.

Editorial Reviews

Hefeker (economics, U. of Basel) evaluates the question of exchange rate regime choice, providing a framework which challenges the traditional and normative theory of monetary integration by focusing on interest groups such as industries and bureaucracies to analyze how they influence policymakers and the outcome of economic policy. The author also examines European monetary integration in the last century and today, as well as monetary disintegration in the former Soviet Union. Annotation c. by Book News, Inc., Portland, Or.

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