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The Birth of the Euro

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  • Issing,Otmar
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    Abstract

    Today, 318 million people in 15 countries use the Euro, which now rivals the importance of the US Dollar in the world economy. This is an outcome that few would have predicted with confidence when the Euro was launched. How can we explain this success and what are the prospects for the future? There is nobody better placed to answer these questions than Otmar Issing, who as a founding member of the Executive Board of the European Central Bank (1998?2006), was one of the Euro's principal architects. His story is a unique insider account, combining personal memoir with reference to the academic and policy literature. Free of jargon, this is a very human reflection on a unique historical experiment and a key reference for all academics, policy makers, and 'Eurowatchers' seeking to understand how the Euro has got to where it is today and what challenges lie ahead.

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    Bibliographic Info

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    This book is provided by Cambridge University Press in its series Cambridge Books with number 9780521516730 and published in 2008.

    Order: http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521516730
    Handle: RePEc:cup:cbooks:9780521516730

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    Web page: http://www.cambridge.org

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    Cited by:
    1. Otmar Issing, 2011. "Lessons for monetary policy: what should the consensus be?," Globalization and Monetary Policy Institute Working Paper 81, Federal Reserve Bank of Dallas.
    2. Otmar Issing, 2012. "Central Banks - Paradise Lost," IMES Discussion Paper Series 12-E-10, Institute for Monetary and Economic Studies, Bank of Japan.
    3. Stephen Hall & P.A.V.B. Swamy & George S. Tavlas, 2012. "Milton Friedman, the Demand for Money and the ECB’s Monetary-Policy Strategy," Discussion Papers in Economics 12/05, Department of Economics, University of Leicester.
    4. Otmar, Issing, 2011. "The crisis of European Monetary Union – Lessons to be drawn," Journal of Policy Modeling, Elsevier, vol. 33(5), pages 737-749, September.
    5. Anders Aslund, 2012. "Why a Breakup of the Euro Area Must Be Avoided: Lessons from Previous Breakups," Policy Briefs PB12-20, Peterson Institute for International Economics.
    6. Frances Goldscheider & Livia Sz. Oláh & Allan Puur, 2010. "Reconciling studies of men’s gender attitudes and fertility," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 22(8), pages 189-198, February.
    7. Mojmír Hampl, 2012. "European Monetary Integration And A Position Of Its Former Hegemon," Politická ekonomie, University of Economics, Prague, vol. 2012(6), pages 707-722.
    8. Alistair K. L. Milne, 2011. "Limited Liability Government Debt for the Eurozone -super-†," CESifo Economic Studies, CESifo, vol. 57(1), pages 44-78, March.

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