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Political Economy of Monetary Union 007148479 Aristotle's views on the fundamentalThis book places the whole issue of monetary union in its wider political economic context. The authors discuss * the effect of EMU on fiscal and monetary policie * Central bank independenc * the impact of EMU on unemploymen * ERM I * international perspectives Drawing on their experience in the European financial markets, the authors use a non technical approach to discuss these issues both in a general european sense and more specifically, Germany,