Journal Article
The EMU: forerunners and durability
Abstract: The first article examines the history and theory of monetary unions to ask what factors will foster a stable European Monetary Union. It concludes that a decentralized arrangement of national central banks may undermine the EMUs durability.
Keywords: European currency unit; Monetary policy; Banks and banking, Central;
Access Documents
File(s): File format is application/pdf https://fraser.stlouisfed.org/files/docs/publications/frbrichreview/rev_frbrich199007.pdf
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Economic Review
Publication Date: 1990
Volume: 76
Issue: Jul
Pages: 8-17