Adjustment and Growth in the European Monetary Union

Discover the intricate dynamics of the European Monetary Union in "Adjustment and Growth in the European Monetary Union" by Francisco Torres. Published by Cambridge University Press in 2009, this comprehensive volume spans 420 pages and encapsulates the proceedings of a pivotal CEPR conference held in January 1992, in collaboration with the Banco de Portugal.

In this insightful collection, leading international experts delve into the challenges and instabilities associated with the transition to Economic and Monetary Union (EMU). They explore the long-term implications of monetary union and the single market on growth and convergence throughout Europe. Ideal for scholars and policymakers alike, this book provides valuable perspectives on economic policy, inflation, and the future of the European Economic Community.

Enhance your understanding of economic integration in Europe with this essential read that bridges theory and practice in the field of monetary policy.