Brussels on a Single Money

Jacques Melitz

No 556, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This review article discusses the recent document titled `One Market, One Money' in which the European Commission develops its case for European monetary union. After examining the monetary issues, the article focuses on the reasons for the Commission's very worried attitude toward fiscal policy autonomy. The closing section considers the problem of the transition to a single money. Attention is also drawn to the issue of a lender of last resort.

Keywords: European Monetary Union; Exchange Rate Regime; Fiscal Federalism; Optimum Currency Area (search for similar items in EconPapers)
Date: 1991-07
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=556 (application/pdf)

Related works:
Journal Article: Brussels on a single money (1991)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:556

Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... pers/dp.php?dpno=556

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().