New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone

by Christian H. Fahrholz

This work examines the political economy of exchange-rate policies in the eastward expansion of the eurozone. Analysis shows that prospective members of the EMU are likely to pass on some costs of convergence to the current EMU members. The mechanism is an altered exchange-rate policy that utilizes a 'threaten-thy-neighbour' strategy. This could ensure a stabilization of the CEECs' convergence toward the EMU, and a successful eastward enlargement of the eurozone.

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Year of publication:	2007
Other Persons:	Fahrholz, Christian (contributor)
Publisher:	Heidelberg : Physica-Verlag Heidelberg
Subject:	Wechselkurspolitik \| Exchange rate policy \| EU-Mitgliedschaft \| EU membership \| Eurozone \| Euro area \| Neue politische Ökonomie \| Public choice \| Konvergenzkriterien \| Convergence criteria \| Verhandlungstheorie \| Bargaining theory \| Soziale Kosten \| Social costs \| EU-Strukturfonds \| EU structural funds \| Schätzung \| Estimation \| Theorie \| Theory \| EU-Staaten \| EU countries \| Europäische Union \| Währungsunion \| Erweiterung \| Ökonomische Theorie der Politik
Description of contents:	Table of Contents [swbplus.bsz-bw.de] ; Table of Contents [gbv.de] ; Description [swbplus.bsz-bw.de]

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Extent:	Online-Ressource (X, 155 p. 12 illus, digital)
Series:	Contributions to Economics SpringerLink / Bücher
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Hochschulschrift ; Thesis
Language:	English
Notes:	Literaturverz. S. 143 - 155 Introduction; Setting the Stage; The Core, the Crux, and the Costs Involved; Exchange-Rate Policies in CEECs; Game-Theoretic Analysis; Empirical Analysis; Conclusions
ISBN:	978-3-7908-1762-1 ; 978-3-7908-1761-4
Other identifiers:	10.1007/978-3-7908-1762-1 [DOI]
Classification:	Theorie der Wirtschaftspolitik, Wohlfahrtstheorie
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013520664