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The Eastern Enlargement of the EU will not be complete until the new member states join the EMU. Economic and political economy arguments point to fast EMU accession of new member states. Failure to do so will create a two speed Europe, a fundamental change in the economic and political architecture of the EU, adding to the strains already evident between core and peripheral countries. Current high level of trade and business cycle integration of new member states with the Eurozone, decreases the probability of asymmetric shocks. Lower transaction costs, elimination of exchange rate risk and the danger of currency crises, further trade and investment creation, lower interest rates and large fiscal gains, should outweigh the loss of the exchange rate as adjustment tool. The Eastern Enlargement of the Eurozone provides comprehensive economic analysis of theoretical, empirical and political issues that will determine whether EMU enlargement is a success, which has implications for all common currency systems.
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1 106 kr
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2 542 kr
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259 kr
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500 kr
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622 kr
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628 kr
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1 705 kr
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1 705 kr
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Currency Crises in Emerging Markets, prepared by Warsaw-based Center for Social and Economic Research (CASE), discusses various aspects of currency crises in emerging-market economies: The definitions and theoretical models of currency crises, the causes, management and propagation (contagion effect) of crises, their economic, social and policy consequences, the role of international financial institutions, and crisis prevention. In addition, five case studies of currency crises in Central and Eastern Europe are presented.
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799 kr
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985 kr
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This textbook offers a wide-ranging, comprehensive analysis of the contemporary Russian economy (as it functions in the early 2020s) concentrated on the economy, economic policy, and economic governance. Chapters cover recent Russian economic history, the economic geography of Russia, natural resources, population, major sectors and industries, living standards and social policy, institutions, governance, economic policy, and Russia''s role in the global economy. The book will provide a comparative cross-country context, analysing how the Russian economy and its institutions perform compared to its peers to help students and instructors understand Russia’s strengths, weaknesses, and future challenges. Prepared by a team of leading Russian and international experts on the respective topics, this textbook will be of interest to those studying Russian economics. It will be valuable reading for undergraduate and graduate students of Russian studies, the Russian economy, Russian politics,the economics of transition, the economics of emerging markets, and international relations.
672 kr
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1 139 kr
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1 139 kr
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1 427 kr
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1 106 kr
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203 kr
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