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Philip Arestis
Arestis presents the convergence Maastricht criteria and discusses briefly the theoretical framework that underpins the euro model while placing emphasis on the issues of the EMU fiscal and monetary policies. The author highlights some of the policy faults that lie at the heart of the euro, and raises the question of ‘whether the euro can be saved’. A positive answer requires political integration in the absence of economic integration in the European Union.
Edited by Philip Arestis and Malcolm Sawyer
In the past thirty years the financial sector has seen unparalleled growth and has exerted increased economic and political influence and significance. This growth has come hand-in-hand with several serious economic crises and greater monetary instability. Set against this background, this important book offers a wide ranging, critical analysis of the financial sector.