© 2000

The Economic and Business Consequences of the EMU

A Challenge for Governments, Financial Institutions and Firms

  • Hubert Ooghe
  • Freddy Heylen
  • Rudi Vander Vennet
  • Jan Vermaut

Table of contents

  1. Front Matter
    Pages i-viii
  2. Freddy Heylen, Rudi Vander Vennet
    Pages 1-20
  3. Leif Johansson
    Pages 21-27
  4. Horst Siebert
    Pages 29-52
  5. Jan Smets, Ivo Maes, Jan Michielsen
    Pages 53-92
  6. William De Vijlder, Frédéric Mackel, Peter Praet
    Pages 125-153
  7. John Ashworth, Bruno Heyndels
    Pages 155-180
  8. Filip Abraham, Karolien De Bruyne, Isabel Van der Auwera
    Pages 181-209
  9. Alain Borghijs, André Van Poeck
    Pages 211-237
  10. Wim Meeusen, Glenn Rayp
    Pages 239-268
  11. Jan Bouckaert, Frank Verboven
    Pages 301-328
  12. Hans Degryse, Jan Bouckaert, Rudi Vander Vennet
    Pages 355-384
  13. Marc Deloof, Sophie Manigart
    Pages 411-438

About this book


The Economic and Business Consequences of the EMU A Challenge for Governments, Financial Institutions and Firms Hubert Ooghe Conference Chairman, Vlerick Leuven Gent Management School alld Ghent University EMU finally got under way on 1 st January 1999. Since then 11 European countries share a common currency, the Euro, and pursue a common monetary policy managed by the European Central Bank (ECB). After forty years of economic integration, Euroland has the wherewithal with which to enter the 21 st century. However monetary union has implications for nearly all areas of economic activity and decision-making. Throughout the academic world researchers are fully occupied with the theoretical analysis of the impact of the Euro and the effects of incorporating the new operational framework into their economic models. Businesses and government departments are concerned primarily with the practical implementation of the single currency. For all those who playa part in the economy, it is a question of making the most of the macro and micro­ economic opportunities offered by the Euro and minimising any threats. On 17th and 18th March 2000, after the EMU and Euro were in operation for one year, an international conference was held in Ghent (Belgium) on the economic consequences of the introduction of the EMU and the Euro for governments, financial institutions and firms.


Eastern Europe Euro European Central Bank Eurosystem development economic integration financial markets monetary policy monetary union

Editors and affiliations

  • Hubert Ooghe
    • 1
  • Freddy Heylen
    • 2
  • Rudi Vander Vennet
    • 2
  • Jan Vermaut
    • 3
  1. 1.Vlerick Leuven Gent Management School and Ghent UniversityBelgium
  2. 2.Ghent UniversityBelgium
  3. 3.Artesia Banking CorporationBelgium

Bibliographic information