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Financial Markets and European Monetary Cooperation: The Lessons of the 1992-93 Exchange Rate Mechanism Crisis

Hardback

Main Details

Title Financial Markets and European Monetary Cooperation: The Lessons of the 1992-93 Exchange Rate Mechanism Crisis
Authors and Contributors      By (author) Willem H. Buiter
By (author) Giancarlo Corsetti
By (author) Paolo A. Pesenti
SeriesJapan-US Center UFJ Bank Monographs on International Financial Markets
Physical Properties
Format:Hardback
Pages:240
Dimensions(mm): Height 237,Width 160
Category/GenreInternational finance
Banking
ISBN/Barcode 9780521495479
ClassificationsDewey:332.456094
Audience
Professional & Vocational
Illustrations 3 Tables, unspecified; 22 Line drawings, unspecified

Publishing Details

Publisher Cambridge University Press
Imprint Cambridge University Press
Publication Date 13 January 1998
Publication Country United Kingdom

Description

Why was the European Monetary System in 1992-93 swept by waves of disruptive speculative attacks? And what lessons emerged from that episode as regards the future of the European Monetary Union? This book provides a comprehensive assessment of the causes and implications of the 1992-93 crisis of the exchange rate mechanism. Cogent factual presentation, original theoretical analysis, and an interpretation rooted in theory, make this treatment by three leading economists essential reading to understand the process toward economic and political integration in Europe.