登入選單
返回Google圖書搜尋
Money and Power in Europe
Matthias Kaelberer
其他書名
The Political Economy of European Monetary Cooperation
出版SUNY Press, 2001-06-07
主題Political Science / Public Policy / Economic PolicyBusiness & Economics / International / GeneralBusiness & Economics / Economic ConditionsBusiness & Economics / Money & Monetary PolicyBusiness & Economics / Economics / ComparativeHistory / Europe / WesternPolitical Science / International Relations / General
ISBN07914499559780791449950
URLhttp://books.google.com.hk/books?id=EfdxqVnoGOAC&hl=&source=gbs_api
EBookSAMPLE
註釋Tracing the forty-year history of negotiations to construct exchange rate regimes in the European Union, Money and Power in Europe emphasizes the role of a state’s bargaining power for the formation of rules. In contrast to the prevailing literature’s emphasis on domestic factors like sectoral and partisan interests, policy ideas and domestic institutional structures, Matthias Kaelberer highlights the structural conflict of interest between weak and strong currency countries over the rules of monetary cooperation. Strong currency countries, in particular Germany, because they do not face a reserve constraint, are in a position to shape the rules of monetary regimes decidedly in their favor, including the refusal to compromise on rules of domestic macroeconomic adjustment.