‘Money Markets and Politics offers a bounty of comparative, cross-national statistics that document important money market developments in these eleven countries. The authors have gone to great lengths to present a consistent set of data over a broad range of areas, during a time of remarkable turmoil and change.’
– Jonathon W. Moses, Scandinavian Journal of Economic History
‘This topical book is a valuable contribution, providing interesting and detailed analyses of the developments in financial, monetary and foreign exchange markets across countries, as well as more sophisticated sections that use empirical tools for exploration and modelling. The originality of the approach chosen for the analysis, the diversity of the topics covered and the breadth of the information collected are clearly the book’s primary strength.’
– Natalie Chen, Transnational Corporations
‘The book provides a lucid, painstaking, and insightful analysis of the potentiality for small European “policy taking” countries to conduct monetary policy independently in an era of globalising money markets.’
– Andrew W. Mullineux, SUERF Newsletter
‘These eleven small, open economies teach us a great deal about the behaviour of money and financial markets. This volume sets the standard for investigating them. Any future serious work must take account of this book and build on it.’
– Richard J. Sweeney, Georgetown University, US
‘With eastward expansion of the EU imminent, this book provides an excellent and timely assessment of the impact of monetary and financial integration on small “open economy”, “policy taking” countries in western Europe.’
– Andrew W. Mullineux, University of Birmingham, UK
‘This volume is an original contribution to the literature on the benefits and costs of pursuing monetary and/or financial integration. The authors’ analysis of small, open European economies casts doubts on the traditional conclusion that monetary integration can be explained primarily by economic factors. This book will be valuable to both academics and policy analysts.’
– Niels Thygesen, University of Copenhagen, Denmark
