Three years after the worst economic crisis since the Great Depression, economic growth has resurfaced across the world, but with significant variation. This timely book illustrates that although mature economies (the EU in particular) are still confronting sluggish economic performance,...

This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...

Persistent unemployment is recognised as one of the main mechanisms of social and political exclusion. The Dynamics of Full Employment provides a new and fresh approach to the question of full employment in contemporary society. It offers an internationally comparative, interdisciplinary...

This book combines currency matters with competitiveness considerations, with a view to raising the understanding of exchange rate dynamics and to analysing the role of exchange rates in reinforcing economic competitiveness