TY - BOOK AU - Kempf,Hubert TI - Monetary Unions: Institutions and Policies T2 - Springer Texts in Business and Economics, SN - 9783030932329 U1 - 339 23 PY - 2022/// CY - Cham PB - Springer International Publishing, Imprint: Springer KW - Macroeconomics KW - International economic relations KW - Economics KW - Finance, Public KW - Macroeconomics and Monetary Economics KW - International Economics KW - Political Economy and Economic Systems KW - Public Economics N1 - Monetary Issues: Monetary Unions: Between International Trade and National Sovereignty -- Why a Monetary Union?- Monetary Policy in a Monetary Union: Lessons from Simple Models -- Institutions and Monetary Policy -- Fiscal Issues: Government Deficits, Transfers and Debt -- Fiscal Policies in a Monetary Union -- The Policy Mix -- Toward an Ever Closer Union: Structural Adjustments and Reforms -- Fiscal Union -- Banking Union -- The Fate of a Monetary Union -- General Conclusion. N2 - This textbook explains the notion of monetary union, highlighting the key concepts, procedures, and challenges involved. The book is organized in three parts. In the first part, the reader learns about monetary issues, like definitions and typology of monetary unions, rationale of monetary unions, monetary policy, monetary institutional matters. The second part is devoted to fiscal matters and the interplay between fiscal and monetary policies, such as deficits, transfers, public debt sustainability issues, fiscal policy, policy mix. The last part focuses on other distinct but related issues, necessary to complete the union: banking and fiscal unions, structural adjustments in a monetary union. It ends with a chapter on the fate of monetary unions: how they develop, mature and sometimes dissolve. The book addresses students at undergraduate and graduate level, interested in a better understanding of international macroeconomics and monetary unions, as well as policy-makers, practitioners and economists in central banks, ministries of economics, economic institutions and banks UR - https://doi.org/10.1007/978-3-030-93232-9 ER -