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International Costs and Benefits from EMU

George Alogoskoufis () and Richard Portes ()

No 3384, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: In this paper we examine the international implications of monetary union in the European Community (EMU), and the associated international costs and benefits. We consider prospective changes in international institutions, the potential role of the ecu as an international currency, and the implications of EMU for the international coordination of monetary and fiscal policies.

Date: 1990-06
Note: ITI IFM
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Published as European Economy, Special Edition No. 1, Pt. 5, pp. 231-245, (1991).

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