External constraints on macroeconomic policy : the European experience
List of figures List of tables Preface 1. Introduction George Alogoskoufis, Lucas Papademos and Richard Portes 2. Global financial integration and current account inbalances Michael Artis and Tamim Bayoumi 3. The solvency constraint and fiscal policy in an open economy David Currie and Paul Levine 4. Relaxing the external constraint: Europe in the 1930s Barry Eichengreen 5. External constraints on European unemployment George Alogoskoufis and Christopher Martin 6. France and Germany in the EMS: the exchange rate constraint Daniel Cohen and Charles Wyplosz 7. The external constraint in the UK Charles R. Bean 8. Savings, investment, government finance, and the current account: the Dutch experience Hugo A. Keuzenkamp and Frederick van der Ploeg 9. Fiscal deficits, seigniorage, and external debt: the case of Greece George Alogoskoufis and Nicos Christodoulakis 10. Macroeconomic policy, external targets, and constraints: the case of Spain Juan J. Dolado and Jose Vinals 11. Macroeconomic policy and the external constraint: the Danish experience Soren Bo Nielsen and Jorgen Sondergaard Index.