Creation of the EMS

Stephen Frank Overturf

Chapter Two in Money and European Union, 1997, pp 23-34 from Palgrave Macmillan

Abstract: Abstract By the end of 1974 what had been clear at the beginning of the year was officially recognized: EMU had failed. The experiences of the early 1970s seemed to lead the Community further away rather than closer to the achievement of greater union by the 1980 deadline. In addition, the conditions during the mid-1970s did not promise quick regeneration of a spirit leading to monetary integration.

Keywords: Exchange Rate; Monetary Union; European Monetary Union; European Monetary System; Monetary Integration (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-62370-9_2

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DOI: 10.1007/978-1-349-62370-9_2

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