The ECU and Monetary Management in Europe

Polly Reynolds Allen and Daniel Gros

Chapter 2 in The ECU and European Monetary Integration, 1989, pp 25-58 from Palgrave Macmillan

Abstract: Abstract The growth of the private ECU markets since 1981 has given new life to the vision of a parallel European currency that would represent Europe rather than a single nation. A separate currency widely circulating alongside the national currencies would clearly have some implications for national monetary policies. Many of the questions about such a parallel currency have not yet been answered, if they have ever been asked.

Keywords: Interest Rate; Monetary Policy; Central Bank; Capital Mobility; National Currency (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-19518-3_2

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DOI: 10.1007/978-1-349-19518-3_2

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