The Euro in its Fifth Year: Expectations Fulfilled?

Renate Ohr

Chapter 4 in The Price of the Euro, 2004, pp 59-69 from Palgrave Macmillan

Abstract: Abstract In the run-up to the signing of the Maastricht Treaty, Germany experienced an ongoing discussion about chances and risks of a monetary union. A vast majority of economists expressed their criticism about the establishment of a single European currency, as stipulated in the Maastricht Treaty. The following brief survey of arguments in favour of and against monetary union in Europe is intended to summarize the discussion of the 1990s. It is very likely that these arguments will come up in one form or another in the Swedish debate as well.1

Keywords: Monetary Policy; Fiscal Policy; Euro Area; European Central; Monetary Union (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52380-7_4

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DOI: 10.1057/9780230523807_4

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