Interest Groups and Monetary Integration: The Political Economy of Exchange Regime Choice

ISBN-13: 9780367316303 / Angielski / Twarda / 2019

Carsten Hefeker

Opis

This book analyzes monetary integration and the choice and collapse of exchange rate regimes from a positive political economy perspective. Carsten Hefeker examines the influence of important interest groups in a coherent framework, which challenges the traditional and normative theory of monetary integration. By focusing on interest groups such as

Spis treści

1 Introduction -- 2 The Economics and the Politics of Exchange Rate Regimes -- 3 Monetary Integration in the XIXth century -- 4 The Endogeneity of Fixed Exchange Rates -- 5 Industrial Interests in Monetary Union: The Banking Industry -- 6 Bureaucratic Interests in Monetary Union: The Bundesbank -- 7 Monetary Disintegration in the Former Soviet Union -- 8 Conclusion

O autorze

Carsten Hefeker is a faculty member of the Department of Economics at the University of Basel.