Realigning Interests Crisis and Credibility in European Monetary Int

Why do currency crises happen? What conditions set the stage for such a crisis? How severe will it be? When will it happen? This book answers these questions, illustrating the points by examining the exchange rate realignments of the European Monetary Sys

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Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2015-07-28

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2015-07-28

Realigning Interests

10.1057/9781403980175preview - Realigning Interests, Michele Chang

EUROPE IN TRANSITION: THE NYU EUROPEAN STUDIES SERIES

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10.1057/9781403980175preview - Realigning Interests, Michele Chang

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2015-07-28

The Marshall Plan: Fifty Years After Edited by Martin Schain

Michele Chang

10.1057/9781403980175preview - Realigning Interests, Michele Chang

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2015-07-28

Realigning Interests Crisis and Credibility in European Monetary Integration

REALIGNING INTERESTS

© Michele Chang, 2004

First published 2004 by PALGRAVE MACMILLANTM 175 Fifth Avenue, New York, N.Y. 10010 and Houndmills, Basingstoke, Hampshire, England RG21 6XS Companies and representatives throughout the world PALGRAVE MACMILLAN is the global academic imprint of the Palgrave Macmillan division of St. Martin’s Press, LLC and of Palgrave Macmillan Ltd. Macmillan® is a registered trademark in the United States, United Kingdom and other countries. Palgrave is a registered trademark in the European Union and other countries. ISBN 1–4039–6438–6 hardback Library of Congress Cataloging-in-Publication Data Chang, Michele. Realigning interests : crisis and credibility in European monetary integration / by Michele Chang. p. cm.—(Europe in transition) Includes bibliographical references and index. ISBN 1–4039–6438–6 1. Currency crises—European Union countries. 2. Monetary policy— European Union countries. 3. European Union countries—Economic integration. I. Title. II. Europe in transition (New York, N.Y.) HG3942.C47 2004 332.4⬘94⬘09048—dc22

2003064011

A catalogue record for this book is available from the British Library. Design by Newgen Imaging Systems (P) Ltd., Chennai, Indi