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The ECB and the Euro: The First Five Years - Hardcover

 
9780255365550: The ECB and the Euro: The First Five Years

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Whilst the debate on the merits of adopting the euro rages on in the UK, comparatively little attention is paid to the way in which the ECB is managing monetary policy in the euro zone. This upbeat assessment by Professor Otmar Issing, member of the Executive Board of the European Central Bank, describes the success of the first five years of the euro's life. Not only has price stability maintained, despite turbulent economic times, but the financial markets appear to be convinced that the ECB will be effective in the long term in maintaining a stable price level. Professor Issing describes the mechanisms that have been used by the ECB to achieve its objectives. Issing ends with a warning, however. EU governments must address structural difficulties in their economies, particularly in labour markets. The ECB must not be sidetracked into trying to achieve higher growth and employment, but member governments should adopt liberalising reforms.

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Synopsis

Whilst the debate on the merits of adopting the euro rages on in the UK, comparatively little attention is paid to the way in which the ECB is managing monetary policy in the euro zone. This upbeat assessment by Professor Otmar Issing, member of the Executive Board of the European Central Bank, describes the success of the first five years of the euro's life. Not only has price stability maintained, despite turbulent economic times, but the financial markets appear to be convinced that the ECB will be effective in the long term in maintaining a stable price level. Professor Issing describes the mechanisms that have been used by the ECB to achieve its objectives. Issing ends with a warning, however. EU governments must address structural difficulties in their economies, particularly in labor markets. The ECB must not be sidetracked into trying to achieve higher growth and employment, but member governments should adopt liberalizing reforms.

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Otmar Issing
Published by Institute of Economic Affairs, 2004
ISBN 10: 0255365551 ISBN 13: 9780255365550
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Paperback. Condition: Very Good. The ECB and the Euro: The First Five Years This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. . Seller Inventory # 7719-9780255365550

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Issing, Otmar
Published by Institute of Economic Affairs, 2004
ISBN 10: 0255365551 ISBN 13: 9780255365550
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Otmar Issing
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Paperback. Condition: Very Good. Shipped within 24 hours from our UK warehouse. Clean, undamaged book with no damage to pages and minimal wear to the cover. Spine still tight, in very good condition. Remember if you are not happy, you are covered by our 100% money back guarantee. Seller Inventory # 6545-9780255365550

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Issing, Otmar
Published by Institute of Economic Affairs, 2004
ISBN 10: 0255365551 ISBN 13: 9780255365550
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Condition: Good. Your purchase helps support Sri Lankan Children's Charity 'The Rainbow Centre'. Ex-library, so some stamps and wear, but in good overall condition. Our donations to The Rainbow Centre have helped provide an education and a safe haven to hundreds of children who live in appalling conditions. Seller Inventory # Z1-V-001-01935

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Issing, O.
Published by Institute Of Economic Affairs, 2004
ISBN 10: 0255365551 ISBN 13: 9780255365550
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Condition: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,200grams, ISBN:9780255365550. Seller Inventory # 9466262

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