The Deepening of the Economic and Monetary Union

Cláudia Braz, João Amador () and João Valle e Azevedo

Working Papers from Banco de Portugal, Economics and Research Department

Abstract: This article seeks to guide the reader through the developments in the process of EMU deepening, clarifying the economic arguments and identifying the choices made by the decision makers, which led to the current institutional design. In addition, a critical analysis of the different proposals under discussion is made, aiming at identifying the most efficient way, in a long-term perspective, to ensure the proper functioning of the monetary union.

JEL-codes: F02 F15 F36 H77 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ptu:wpaper:o201901

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