In Order to Explain the ES: Some Thoughts on Bank Money

Jacques Riboud

Chapter 16 in A Stable External Currency for Europe, 1991, pp 202-213 from Palgrave Macmillan

Abstract: Abstract The project that has been expounded in these pages boils down to organising the gradual creation by a group of Eurobanks (the consortium) of a mass of means of payment which is extranational (that is, reserved for use in international trade) and denominated in a new monetary unit that is equipped with an exceptional property.

Keywords: Central Bank; Banking System; Commercial Bank; National Currency; Monetary Authority (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11821-2_17

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DOI: 10.1007/978-1-349-11821-2_17

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