The politics of economic and monetary union

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Dimitris N. Chryssochoou

"Theorizing European Integration provides a comprehensive introduction to the theoretical study of the European Union (EU) and European integration. It combines perspectives from international relations, comparative politics and social and political theory, offering a complete overview of the many competing approaches that have sought to capture and explain the evolving European polity. Amongst the many contemporary issues and themes addressed are processes of treaty reform, democratization, polity-formation and the prospects for consociational governance."--BOOK JACKET.

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Paul de Grauwe

This expositive textbook on monetary integration looks at the costs and benefits of monetary union in Europe. The author examines such topical issues as whether there is a good economic case for countries to have separate currencies, and whether a nation increases its welfare when it abolishes its national currency and adopts the currency of a wider area. This leads naturally to questions concerning the size of an optimal monetary area - should this include the EC, the whole of Europe, or the whole world? The first part of the book focuses on complete monetary unions in which a common currency is substituted for national currencies. The second part looks at incomplete monetary unions and analyzes the operation of monetary systems in which national monetary authorities maintain their national currencies but agree to fix their exchange rates. This leads to an analysis of the European Monetary System and also examines the issues relating to the transition to a full monetary system. The book combines comprehensive exposition with discussion of recent historical events and theory and will prove invaluable to students.

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M. Dutta

This book provides a unique insight into the development of economic regionalization, with special reference to the Asia-Pacific. It presents international globalization strategies from a historical perspective and then analyses the effects on the development of Asia-Pacific Economic Cooperation (APEC). Focusing on APEC itself, the author provides a detailed investigation into its organization and agenda, and thorough personal interviews with some of the most influential people who have worked for APEC. This work contributes uniquely to our understanding and insight of economic regionalization in this area through detailed interviews with former members of this group. It will be especially useful to policy makers as well as scholars of Asian studies, international economics, globalization, and trade.

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Arnold W. Sametz

This book explores recent changes in the financial industry in terms of products, regulation and strategic planning. The focus is on the insurance industry and the emerging insurance products and strategies. Issues discussed are the consumer demand for insurance products, the effect of bank deregulation on insurance companies, the investment management policies of insurance companies and the implications for strategic planning in the insurance industry.