Paul De Grauwe, John Paulson Chair in European Political Economy, London School of Economics
Part 1: Costs and Benefits of Monetary Union 1. The costs of a common currency 2. The theory of optimum currency areas: a critique 3. The benefits of a common currency 4. Costs and benefits compared Part 2: Monetary Union 5. The fragility of incomplete monetary unions 6. The transition to a monetary union 7. How to complete a monetary union 8. Political economy of deconstructing the Eurozone 9. The European Central Bank 10. Monetary policy in the Eurozone 11. Fiscal policies in monetary unions 12. The euro and financial markets
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