Monetary Sovereignty under Different International Systems: A Historical Comparison

M. Panić

Chapter 31 in European Monetary Union: The Kingsdown Enquiry, 1996, pp 200-205 from Palgrave Macmillan

Abstract: Abstract The decision to create a European monetary union (EMU) has prompted the fear that the introduction of a single currency and a single central bank will deprive member countries of their national monetary sovereignty: the ability to alter monetary and exchange rate policies according to their individual needs. In Britain, in particular, there is growing concern that EMU will inevitably lead to far-reaching constitutional changes of this kind.

Keywords: Exchange Rate; Monetary Policy; International Monetary Fund; European Monetary Union; Single Currency (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_31

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DOI: 10.1007/978-1-349-24825-4_31

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