The EMU: forerunners and durability

Robert F. Graboyes

Economic Review, 1990, vol. 76, issue Jul, 8-17

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 (search for similar items in EconPapers)
Date: 1990
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