Monetary Integration in Europe The European Monetary Union after the
This book provides a fully revised and up-to-date analysis of the Economic and Monetary Union (EMU). With four entirely new chapters on responses to the financial crisis and the debate on reform options, Tomann assesses the EMU in comparison with other cu
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RATION IN EUROPE The European Monetary Union after the Financial Crisis ▼ ▼ ▼ ▼
Horst Tomann ▼ ▼ ▼ ▼ STUDIES IN ECONOMIC TRANSITION General Editors: Jens Hölscher and Horst Tomann
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Studies in Economic Transition
Series editors Jens Hölscher The Business School Bournemouth University Bournemouth, East Sussex United Kingdom Horst Tomann Department of Economics Freie Universitaet (FU) Berlin Berlin, Germany
This series brings together theoretical and empirical studies on the transformation of economic systems and their economic development. The transition from planned to market economies is one of the main areas of applied theory because in this field the most dramatic examples of change and economic dynamics can be found. It is aimed to contribute to the understanding of specific major economic changes as well as to advance the theory of economic development. The implications of economic policy will be a major point of focus. More information about this series at http://www.springer.com/series/14147
Horst Tomann
Monetary Integration in Europe The European Monetary Union after the Financial Crisis
Horst Tomann Department of Economics Freie Universitaet (FU) Berlin Berlin, Germany
Studies in Economic Transition ISBN 978-3-319-59246-6 ISBN 978-3-319-59247-3 (eBook) DOI 10.1007/978-3-319-59247-3 Library of Congress Control Number: 2017947700 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover design by Fatima Jamadar Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Dedicated to my family’s youngest generation, Moritz, Bennet, Matteo, Chiara, Lukas and Johannes, Who hopefully will live in a pe
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