European Integration, the ERM and Maastricht

K. B. Gaynor and E. Karakitsos
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K. B. Gaynor: Imperial College University of London
E. Karakitsos: Imperial College University of London

Chapter 1 in Economic Convergence in a Multispeed Europe, 1997, pp 5-23 from Palgrave Macmillan

Abstract: Abstract Chapter 1 presents a brief review of the main post-war integration efforts in Europe, up until the Maastricht Treaty. The various phases of the ERM are also discussed. The purpose is to draw lessons about the functioning of the ERM over the period, for example its asymmetric nature, and to introduce the framework within which policy will be conducted in MU.

Keywords: Exchange Rate; Interest Rate; Monetary Policy; European Central Bank; Monetary Union (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25266-4_2

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DOI: 10.1007/978-1-349-25266-4_2

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