Rethinking Economic and Monetary Union in Europe

A Post-Keynesian Alternative

Philip B. Whyman (University of Central Lancashire, UK)

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English

Routledge
30 September 2020

Monetary economics; Employment & unemployment; International economics; Political economy

Series: Routledge Studies in the European Economy

In the wake of the Greek crisis, the future of the EU is the subject of a great deal of debate. This book critically evaluates the current new monetarist model of Economic and Monetary Union in Europe, presenting an alternative post-Keynesian (progressive) model, aimed at addressing the current problems of trade imbalance and asymmetric macroeconomic policy infrastructure that are augmenting tensions within the Eurozone.

The book’s approach is based upon the development of a common, rather than a single, currency approach, and utilises post-Keynesian policy solutions in order to create a form of EMU which will promote full employment rather than austerity.

By: Philip B. Whyman (University of Central Lancashire UK)
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9780367667221
ISBN 10: 0367667223
Series: Routledge Studies in the European Economy
Pages: 116
Publication Date: 30 September 2020
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Introduction 1. Why is the Current Model of EMU Not Working? 2. Single Currency or Common Currency? 3. Monetary Policy in the Keynesian EMU 4. Rediscovering Fiscal Policy 5. Breathing Life into the European Social Model 6. Conclusion Bibliography

Philip B. Whyman is Professor of Economics at the University of Central Lancashire, UK.