{"product_id":"9780792383857","title":"Inclusion of Central European Countries in the European Monetary Union","description":"\u003ch1\u003eInclusion of Central European Countries in the European Monetary Union\u003c\/h1\u003e \u003ch2\u003ede Grauwe, Paul C.; Lavrac, Vladimir\u003c\/h2\u003e \u003cp\u003eThe creation of the European Economic and Monetary Union (EMU) and the introduction of the euro is a historical event for the EU countries. The debates on the desirability of the EMU provoked a vast economic literature dealing with the theory of the optimum currency area, costs and benefits of the EMU, symmetric vs. asymmetric shocks, alternative mechanisms of adjustment in a monetary union and so forth. Until recently, for the Central European candidate countries for a full membership in the EU, these issues seemed to be too far away, as they concentrated on devising their own monetary and exchange rate systems suitable for their transition period. The challenges of the EMU for the Central European countries were practically not dealt with in both Western and Eastern economic literature. The present book aims to fill this gap, by focusing on the most direct issue of relevance for the Central European countries with respect to the EMU - why, how and when these countries are expected to join the EMU. The papers included in this volume study the relationship between the EU accession process of the Central European candidate countries and their involvement in the process of European monetary integration.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 1998-12-31\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9780792383857\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-1-4615-5073-0\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 223\u003c\/p\u003e ","brand":"Springer US","offers":[{"title":"Default Title","offer_id":46312390066316,"sku":"9780792383857","price":152.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780792383857.jpg?v=1771525176","url":"https:\/\/lateknightbooks.com\/products\/9780792383857","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}