Monetary Union, Employment and Growth: The Impact of the Euro as a Global Currency
Pier Carlo Padoan
Jan 2001 · Edward Elgar Publishing
Ebook
217
Pages
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About this ebook
There exists a twofold relationship between the factors affecting adoption of a single currency in Europe, employment, and growth. On one hand, the operation of the euro will be hindered if rigidities in labour and product markets persist – hence low employment and slow growth may be a cause of poor performance of the single currency. On the other hand, the functioning of the euro will affect future patterns of European employment.
About the author
Edited by Pier Carlo Padoan, Chairman, UniCredit Bank and Senior Fellow, LUISS Institute for European Analysis and Policy (LEAP), LUISS University, Italy
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