European monetary and fiscal policy

Book abstract:

This textbook is a fresh and comprehensive examination of European monetary and fiscal policy in the third stage of Economic and Monetary Union (EMU). Professors Eijffinger and de Haan give a brief history of European economic, financial and monetary integration before the transition to EMU, and continue with a comprehensive analysis of institutions and policies. The chapters are: European monetary integration; EMU and the European (System of) Central Bank(s); European monetary policy; National fiscal policy in EMU; European fiscal policy; Financial integration and financial market structure; EMU and international policy co-ordination.

Key facts and case material are highlighted and summarised in boxes for easy access with each chapter concluding with a summary of key issues.

The book is aimed at second or third year undergraduate students of international economics and finance, international business, economic and monetary integration, European economics, and European Studies. It is also aimed at a wider readership of central bankers, policy-makers, bankers and financial analysts, and economists and political scientists interested in the present framework of European monetary and fiscal policy.

Sylvester C W Eijffinger is Jean Monnet Professor of European Financial and Monetary Integration at the University of Tilburg, The Netherlands. Jakob de Haan is Jean Monnet Professor of European Economic Integration at the University of Groningen, The Netherlands.