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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Realigning Interests: Crisis and Credibility in European Monetary Integration

Realigning Interests: Crisis and Credibility in European Monetary Integration

Chang, M.

Paperback

Series: Europe in Transition: The NYU European Studies

General Political ScienceInternational Relations

ISBN10: 1349528021
ISBN13: 9781349528028
Publisher: Palgrave MacMillan
Published: Jul 6 2004
Pages: 200
Weight: 0.49
Height: 0.46 Width: 5.00 Depth: 8.00
Language: English
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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