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Bank:Federal Reserve Bank of Chicago  Series:Annual Report 

Report
Electronic payments: the sky's the limit

Annual Report

Report
E-commerce is changing how we work and live

Annual Report

Report
Driving the future: the auto industry at a crossroads

Annual Report

Report
The switch to electronic payments

On January 1, 1999, 11 European countries will officially become a monetary union with one currency, the euro. Forming a monetary union brings benefits, such as increased trade between countries. But it carries costs as well. To join the union, each country must cede its right to set individual monetary and exchange-rate policies. Yet each country?s economic situation may differ from that of its fellow union members. How will these countries--and the union--fare when economic shocks hit, especially shocks that affect one country or region more than another? In this article, Gwen Eudey weighs ...
Annual Report , Issue Nov , Pages 7-19

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