This book is the first comprehensive political and economic account of the birth and development of the Euro. Today the Euro is the supranational currency for sixteen European countries and the world’s second-largest reserve currency. David Marsh tells the story of the rivalries, intrigues,...

This paper argues that whatever the macro- and micro-outcomes of the current economic, financial and regulatory crises, the roles of central banks worldwide are changing fundamentally. These changes will not be uniform, and different models of central banking, especially with regard to strategic...

Intro -- Contents -- List of Illustrations -- Preface -- Introduction: The Story of the Euro -- Chapter 1 Blood and Gold -- Chapter 2 At the Epicentre -- Chapter 3 Tyranny of the Mark -- Chapter 4 The Coming Trial -- Chapter 5 Shock Waves -- Chapter 6 Europe's Destiny -- Chapter 7 Coping with...