European Monetary Unification: Theory, Practice, and Analysis
Barry Eichengreen
Gebundenes Buch

European Monetary Unification: Theory, Practice, and Analysis

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The author views EMU as neither a grand achievement nor a terrible blunder, but as a process. He argues that the effects of monetary unification will depend on how it is structured and governed, and how quickly Europe's markets adapt to a single currency. The process of monetary unification will not end in 1999 or 2002; rather, the structure and operation of Europe's monetary union will continue to evolve for years to come.