European Monetary Union: the dark sides of a major success

Charles Wyplosz ()

Economic Policy, 2006, vol. 21, issue 46, pages 207-261

Abstract: "This paper revisits the debates that have surrounded the launch of a unique experience: the adoption of a common currency among developed countries. A striking aspect of this history is that, pressed by what they correctly identified as a window of opportunity, policy-makers crafted this complex project in a short period of time, largely eschewing inputs from the academic profession. Academic research, in turn, developed its own views, which turned out to be critical of some ley orientations, yet it generally recognizes that, in the end, the launch of the euro has been a major success." Copyright CEPR, CES, MSH, 2006.

View citations in EconPapers

Downloads: (external link)
http://www.blackwell ... 68-0327.2006.00158.x link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0266-4658

Access Statistics for this article

Economic Policy is edited by Giuseppe Bertola, Philippe Martin and Paul Seabright

More articles in Economic Policy from CEPR, CES, MSH
Series data maintained by Christopher F. Baum ().