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,...

This book is an up-to-date, authoritative and comprehensive analysis of the key issues and challenges facing regional currency area projects in the context of financial globalization. The authors focus on several central issues that emerged during the experiences of the 1990s and 2000s: exchange...

1. Mapping the European higher education landscape : new insights from the EUMIDA Project / Andreas Niederl ... [et al.] -- 2. Is there a European university model? : new evidence on national path dependence and structural convergence / Torben Schubert ... [et al.] -- 3. Public and private...

Multinational companies are crucial actors in a global knowledge-based economy, combining the advantages of global and locally coordinated production and innovation strategies with specific regional and national factors. This book questions how MNCs can best exploit institutionally embedded...

The prospects and value of economic integration and regionalism in Asia are increasingly evident in what could turn out to be ‘the Asian Century’. It is within this context that this important book explores the critical economic issues, security concerns and political themes pertinent to...