Realigning Interests
eBook - PDF

Realigning Interests

Crisis and Credibility in European Monetary Integration

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Realigning Interests

Crisis and Credibility in European Monetary Integration

Book details
Table of contents
Citations

About This Book

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 System. It also shows how balancing the tension between domestic and international politics plays a vital part in a government's willingness to uphold its exchange rate commitments. Michele Chang pays particular attention to the role of domestic elections, since these may prevent governments from credibly committing to a fixed exchange rate and from responding quickly and coherently to market instability, thus encouraging speculation.

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Table of contents

  1. Cover
  2. Realigning Interests Crisis and Credibility in European Monetary Integration
  3. Contents
  4. List of Tables
  5. List of Figures
  6. Abbreviations
  7. Acknowledgments
  8. Chapter 1 Introduction
  9. Chapter 2 Rules and Norms of European Monetary Cooperation
  10. Chapter 3 Political Economy of Currency Crises and Devaluation
  11. Chapter 4 France, 1981–1986
  12. Chapter 5 France, 1988–1995
  13. Chapter 6 Italy: Domestic versus International Origins of Currency Crises
  14. Chapter 7 Ireland
  15. Chapter 8 Conclusion
  16. Notes
  17. Sources
  18. Index