The euro

Fülszöveg

In the first edition of The euro, Paul Temperton and the expert team of contributors looked at the likely scenarios that would unfold with the introduction of the single European currency - which countries would be included? What would the likely impact be on the financial markets? Would the projected timeframe be met? Much was still conjecture at that point, but while many of the issues raised in the first edition have been clarified, new and more compelling issues have now arisen: Will the euro be a strong or weak currency? Will the long-term benefits outweigh the short-term pain? Is the corporate sector ready for the euro? The euro, second edition, offers answers to these and many other fundamentally important questions now being raised.
In this fully revised and updated edition, incorporating mainly new chapters, Paul Temperton has once again brought together a team of internationally renowned analysts to provide invaluable commentary on the economics of the euro and what... Tovább

Fülszöveg

In the first edition of The euro, Paul Temperton and the expert team of contributors looked at the likely scenarios that would unfold with the introduction of the single European currency - which countries would be included? What would the likely impact be on the financial markets? Would the projected timeframe be met? Much was still conjecture at that point, but while many of the issues raised in the first edition have been clarified, new and more compelling issues have now arisen: Will the euro be a strong or weak currency? Will the long-term benefits outweigh the short-term pain? Is the corporate sector ready for the euro? The euro, second edition, offers answers to these and many other fundamentally important questions now being raised.
In this fully revised and updated edition, incorporating mainly new chapters, Paul Temperton has once again brought together a team of internationally renowned analysts to provide invaluable commentary on the economics of the euro and what it will actually mean for financial markets, companies and the consumer.


The euro is the national currency of eleven European countries from 1 January 1999. The change is truly a revolution. But it will not be until 2002 that euro cash - notes and coin - comes into circulation. This three-year 'transition' period raises many fascinating issues regarding the operation of financial markets, economies, companies, governments and the consumer. The second edition of The euro takes an expert look at the issues involved.
Written by an internationally renowned team of expert contributors from the worids of banking, finance, economics, regulation, accountancy and business consultancy, the second edition of The euro addresses all the key issues involved in the final implementation of Europe's new currency.
Amongst the issues of crucial importance addressed in the book are:
•Will the euro be a strong or weak currency - will it rival the US dollar?
•Can Europe's economies really work properly with the 'one size fits all' approach to interest rates? •Will the long-term benefits of the euro outweigh the short-term pain which has been endured as a result of higher taxes and government spending cuts? •Are companies ready to cope with the euro? •WUl the consumer benefit?
•To what extent will a 'United States of Europe' be created?
•How can Europe's citizens cope with the dramatic changes brought about by the combination of the euro plus the IT revolution and Europe's ageing population? The Investor described the first edition as ''a work of reference - although an unusually readable one" and this approach has been continued in this fully revised and updated new edition. The skill of the team of expert contributors ("Europe's most highly-regarded analysts" according to City Life) is in their ability to present the complicated issues that arise out of the single European currency in a style that is both highly informative and accessible, making this new edition once again required reading for all readers who need or want to know what will happen to Europe's economies in the future.
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The euro, second edition, is published under the auspices of the European Bond Commission of EFFAS (the European Federation of Financial Analysts' Societies). EFFAS was established in 1962 and is a pan-European representative group of investment analysts from some seventeen diflferent countries. The European Bond Commission is a standing committee of EFFAS responsible for matters relating to fixed income securities. Vissza