Tracks towards a Common Monetary Policy in Europe

Norbert Kloten

Chapter 1 in Monetary Theory and Monetary Policy, 1993, pp 1-17 from Palgrave Macmillan

Abstract: Abstract The origin of this chapter dates back to the time when the Delors Committee had just started to deliberate on the essential features of a European economic and monetary union (EMU) and the best way of achieving it. The spectrum of opinions discussed at the time comprised a wide variety of views. In the sections presented below is advocated a conceptually-based approach concerning both the organisational pattern and the statute of a European Central Bank System (ECBS); it is argued that only compatible steps towards EMU should be accepted. The alternative in the form of a parallel currency approach is rejected (see also Schlesinger, 1993).

Keywords: Monetary Policy; Central Bank; European Central Bank; Monetary Union; National Currency (search for similar items in EconPapers)
Date: 1993
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
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:pal:palchp:978-1-349-23096-9_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349230969

DOI: 10.1007/978-1-349-23096-9_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().