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Financial Markets and European Monetary Cooperation

Financial Markets and European Monetary Cooperation

The Lessons of the 1992-93 Exchange Rate Mechanism Crisis

by Willem H. BuiterGiancarlo Corsetti and Paolo A. Pesenti
Paperback
Publication Date: 23/04/2001

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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.
ISBN:
9780521794404
9780521794404
Category:
International finance
Format:
Paperback
Publication Date:
23-04-2001
Language:
English
Publisher:
Cambridge University Press
Country of origin:
United Kingdom
Pages:
240
Dimensions (mm):
230x152x15mm
Weight:
0.36kg

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