The Challenge of European Integration: Internal and External Problems of Trade and Money

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The effort to establish economic, political, and monetary integration in Europe is one of the great dramas of our time, and the implications of its success or failure are enormous for the rest of the world. In this volume, distinguished economists and political scientists address the wide-ranging set of issues confronting the nations of Europe and explore the implications of the European experience for regional integration elsewhere. The distinguished contributors of this volume address an impressively broad ...
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Overview

The effort to establish economic, political, and monetary integration in Europe is one of the great dramas of our time, and the implications of its success or failure are enormous for the rest of the world. In this volume, distinguished economists and political scientists address the wide-ranging set of issues confronting the nations of Europe and explore the implications of the European experience for regional integration elsewhere. The distinguished contributors of this volume address an impressively broad range of issues, including the influence of Europe's troubled history since the 1930s, the performance of preferential trade arrangements and their impact on multilateral institutions such as the GATT, the particular impact of monetary integration, and the significance of all these developments for the political future of Europe. The Challenge of European Integration is a key reference in the interpretation and understanding of current developments in Europe. It is required reading not just for economists and political scientists but for any student of contemporary Europe and of the emerging system of global trade and finance.
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Editorial Reviews

Booknews
Economists and political scientists address the wide-ranging set of issues confronting the nations of Europe and explore the implications of the European experience for regional integration in other parts of the world. They address subjects such as preferential trade agreements and their impact on multilateral institutions, the impact of monetary integration, and the political future of Europe. Lacks an index. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

Meet the Author

Jeffrey T. Richelson received his Ph.D. in political science from the University of Rochester in 1975, and has taught at the University of Texas, Austin, and the American University, Washington. A senior fellow at the National Security Archive in Washington, he lives in Alexandria, Virginia. Barry Eichengreen is John L. Simpson Professor of Economics and Political Science at the University of California, Berkeley. Jeffry Frieden is professor of government at Harvard University.

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Table of Contents

List of Tables and Figures
Preface
List of Contributors
1 Introduction: The Challenge of European Integration 3
2 The International Economy: Historical Perspectives and Future Prospects 23
3 Preferential Trade Arrangements and the GATT: EC 1992 as Rogue or Role Model? 79
4 Regional Arrangements: GATT, Rules and Property Rights 131
5 Regional Blocs: Policy Coordination and Trade Strategy 147
6 The New Regionalism and Developing Economies 155
7 The Macroeconomics of Currency Zones 169
8 Some Often Neglected Aspects of the Political Economy of European Monetary Integration 205
9 What Went Wrong with the EMS and European Monetary Union 219
10 Ten Days that Shook the EC 237
11 The Single European Act, the Maastricht Accord and the Emerging European Polity 255
About the Book and Editors 317
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