Interest Groups And Monetary Integration: The Political Economy Of Exchange Regime Choice

Carsten Hefeker

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Global Financial Crisis and Policies Monetary Policy and Economic Impact European Monetary and Fiscal Policies

Abstract

Introduction The Economics and the Politics of Exchange Rate Regimes Monetary Integration in the XIXth Century The Endogeneity of Fixed Exchange Rates Industrial Interests in Monetary Union: The Banking Industry Bureaucratic Interests in Monetary Union: The Bundesbank Monetary Disintegration in the Former Soviet Union Conclusion

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