Unions, Central Banks, and EMU : Labour Market Institutions and Monetary Integration in Europe
ISBN: 9780199662098 | 0199662096
Format: HardcoverPublisher: Oxford University Press, USA
Pub. Date: 6/15/2013
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This book examines the crisis of EMU through the lenses of comparative political economy. It retraces the development of wage-setting systems in the core and peripheral EMU member states, and how these contributed to the increasing divergence between creditor and debtor states in the late 2000s. Starting with the construction of the Deutschmark bloc, through the Maastricht process of the 1990s, and into the first decade of EMU, this book analyzes how labour unions and wagedetermination systems adjusted in response to monetary integration and, i... MORE
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