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McMeel on the Construction of Contracts: Interpretation, Implication and Rectification

Gerard McMeel
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European Economic and Monetary Union


ISBN13: 9789041106872
ISBN: 9041106871
Published: October 1997
Publisher: Kluwer Law International
Format: Hardback
Price: Out of print





Based on a joint research project on monetary union by the Centre of European Law, Kings College and the London Institute of International Banking, Finance and Development. The volume provides insights into the preparatory and institutional aspects and implications of the transition to EMU.

Contents:
Part 1 The community institutions and the transition to EMU: the transition to EMU, C.A.E. Goodhart; legal aspects of the changeover to a single currency, H. Wittelsberger; ins and outs of EMU - no grounds for discrimination, C.S. Kerse; the transition to stage three - impact on the financial markets, D.R.R. Dunnett; the change to a single currency - legal problems and solutions, C. Bamford; the improvement of the European payment systems - crucial tools for the achievement of the single currency, P, Clarotti.
Part 2 Monetary and macroeconomic policy in the EMU: EMU in perspective, Sir Simon Brittan; monetary policy strategies for the European Central Bank and their implications, C. Berg; the European constitutional framework for member states' public finances, I. Harden et al; the separation of monetary and fiscal policy in stage three of EMU, C.T. Taylor; the excessive deficit procedure - a legal description, A. Italianer; towards a credible excessive deficit procedure, D. Gros; sound public finances and fiscal targets, S. Matthews; national debt boards - an institutional route to fiscal discipline, I. Harden and J. von Hagen.
Part 3 The European Central Bank: European monetary union and Central Bank independence, R.M. Lastra; independence and accountability of the European Central Bank, J. de Haan and L. Gormley; between domestic democracy and an alien rule of law? some thoughts on the ""independence"" of the Bank of England, T. Daintith; banking supervision, the internal market and European monetary union, M. Andenas and C. Hadjiemmanuil; banking supervision and lender of last resort in EMU, D. Schoenmaker.