European — American Relations: the Political Context

William Wallace

Chapter 12 in European Monetary Union, 1982, pp 248-260 from Palgrave Macmillan

Abstract: Abstract Monetary policy — as some within the British Government are again discovering — does not exist in isolation. It interacts with a wide range of other areas of policy: economic, industrial, commercial, foreign policy. So it is with monetary co-operation. The relationship between the dollar and the major European currencies may rest in the first instance on the technical expertise of central banks, consulting and co-operating closely with each other within a tight and relatively closed network. But the context within which those central bankers operate is shaped by much wider economic, political and security factors.

Keywords: Monetary Policy; Foreign Policy; European Monetary; International Monetary System; American Foreign Policy (search for similar items in EconPapers)
Date: 1982
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DOI: 10.1007/978-1-349-16781-4_18

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