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Its interest rate proposals - PowerPoint PPT Presentation

The Challenge of Enlargement of Euroland

The Challenge of Enlargement of Euroland. Paul De Grauwe University of Leuven. The launch of the euro has been an extraordinarily successful operation Yet there are challenges ahead The main challenge comes from the enlargement. Several issues Is a Eurozone of 25 countries an OCA?

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Chapter 8: The European Central Bank

Chapter 8: The European Central Bank. De Grauwe: Economics of Monetary Union. Two models of central banking. Two models of central banking Anglo-French model versus German model These models differ with respect to: Objectives pursued Relations with government. Objectives of central bank.

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657 views • 34 slides

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Its interest rate proposals - PowerPoint PPT Presentation

The Challenge of Enlargement of Euroland

Chapter 8: The European Central Bank