Single Market

Ian D. Davidson

Chapter 15 in European Monetary Union: The Kingsdown Enquiry, 1996, pp 76-82 from Palgrave Macmillan

Abstract: Abstract When the 12 member states committed themselves to economic and monetary union in the 1992 Treaty of Maastricht, it was partly because monetary union had long been a declared objective of the Community, at least as far back as the early 1970s. But it was mainly because the governments were persuaded that monetary union was a direct and necessary consequence of their new commitment to a single market, encapsulated in the 1986 Single European Act, which was in the process of implementation.

Keywords: Exchange Rate; Member State; Direct Foreign Investment; Monetary Policy; Monetary Union (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24825-4_15

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DOI: 10.1007/978-1-349-24825-4_15

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