The Challenge of the Early Years
Edited by Marco Buti and André Sapir
EMU is a completely new policy regime which has significant economic implications and which, it is hoped, will ultimately enhance the role of Europe on the world stage. EMU and Economic Policy in Europe takes stock of the initial experiences of EMU and assesses the challenges which will have to be addressed in the early years of its existence to ensure its long-term objectives are successfully achieved.
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- EMU and Economic Policy in Europe The Challenge of the Early Years
- Front Matter
- Foreword by Commissioner Pedro Solbes
- Chapter 1: EMU in the Early Years: Differences and Credibility
- Chapter 2: Monetary Policy in the Early Years of EMU
- Chapter 3: The ECB’s Monetary Policy Strategy: Responding to the Challenges of the Early Years of EMU
- Chapter 4: Monetary Policy Transmission in EMU
- Chapter 5: Fiscal Policy and EMU: Challenges of the Early Years
- Chapter 6: Fiscal Policy in the Early Years of EMU
- Chapter 7: The Functioning of Economic Policy Coordination
- Chapter 8: Economic Policy Coordination in EMU: Accomplishments and Challenges
- Chapter 9: The EMU’s Economic Policy Principles: Words and Facts
- Chapter 10: EMU Labour Markets Two Years On: Microeconomic Tensions and Institutional Evolution
- Chapter 11: Wage Discipline in EMU. A Feature of the Early Years. Only?
- Chapter 12: EMU and Financial Market Structure
- Chapter 13: The Euro and the International Financial System
- Chapter 14: The Euro and the International Monetary System
- Chapter 15: EMU and Enlargement
- Chapter 16: EMU – The First 10 Years: Challenges to the Sustainability and Price Stability of the Euro Area – What Does History Tell Us?
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