Il processo di integrazione monetaria europea: un confronto tra gli approcci belga e italiano

Ivo Maes () and Lucia Quaglia ()
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Ivo Maes: National Bank of Belgium, Research Department, University of Leuven and ICHEC, Bruxelles (Belgio)
Lucia Quaglia: University of Limerick, Department of Politics and Public Administration, Limerick (Irlanda)

Moneta e Credito, 2003, vol. 56, issue 224, 423-460

Abstract: This paper analyses the roles which Belgium and Italy have played in the process of European monetary integration. It focusses on Belgian and Italian attitudes towards European integration and EMU, exchange rate policies, key concepts of the EMU strategies and concrete contributions. Overall, Belgium and Italy played an important and pace-setting role in the process of European monetary integration. The main difference is that Belgium has been a constant and consistent "pace-setter" in monetary matters, whereas Italy was mainly active in the 1980s. Furthermore, the paper shows how important it was for a country to achieve a sound economic performance, especially a stable exchange rate, in order to have influence on the European monetary scene.

Keywords: EMU; Exchange Rates; Integration (search for similar items in EconPapers)
JEL-codes: F31 F36 (search for similar items in EconPapers)
Date: 2003
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