Publisher's Synopsis
Europe's move towards a single currency is one of the biggest and most complex events in financial history. The introduction from leading academic Christopher Taylor looks at the origins, aims and politics of EMU, while the core of the book comprises detailed analyses by specialist Reuters correspondents based in the world's major financial centers. The second edition includes extended coverage of US and Asian attitudes to EMU and a new chapter on what will make the single currency really work. Among the topics covered are key issues such as: * The 'ins', the 'outs' and the EMU hopefuls * European society and the euro * How businesses will adapt to the euro * The European Central Bank and policy co-ordination * The euro's impact on the investment community * The euro's threat to the dollar * Risks and benefits of the EMU project.
