Realigning Interests: Crisis and Credibility in European...

Main
Society, Politics & Philosophy - Social Sciences
Realigning Interests: Crisis and...

Realigning Interests: Crisis and Credibility in European Monetary Integration (Europe in Transition: The NYU European Studies Series)

Name: Realigning Interests: Crisis and Credibility in European Monetary Integration (Europe in Transition: The NYU European Studies Series)
ISBN: 9781403964380

Michele Chang

0 / 0

0 comments

이 책이 얼마나 마음에 드셨습니까?

파일의 품질이 어떻습니까?

책의 품질을 평가하시려면 책을 다운로드하시기 바랍니다

다운로드된 파일들의 품질이 어떻습니까?

Why do currency crises happen? What conditions set the stage for such a crisis? How severe will it be? When will it happen? This book answers these questions, illustrating the points by examining the exchange rate realignments of the European Monetary System. It also shows how balancing the tension between domestic and international politics plays a vital part in a government's willingness to uphold its exchange rate commitments. The book pays particular attention to the role of domestic elections, since these may prevent governments from credibly committing to a fixed exchange rate and from responding quickly and coherently to market instability, thus encouraging speculation.

카테고리:

Society, Politics & Philosophy - Social Sciences

년:

2004

언어:

english

페이지:

224

ISBN 10:

1403964386

ISBN 13:

9781403964380