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Monetary union in motion : the European experience

By:

Portes, Richard

Material type: Text

TextPublication details: 2001Action note:

10/29/01 JOY_D

Summary: Reviews the development of the European Union and the motivations that led it to European Monetary Union (EMU). Defines monetary union as a monetary constutition for a supranational monetary system and describes the characteristics of the European Central Bank (ECB). Underscores the propable implication of EMU according to how it is managed, and examines the link ( in a monetary union) between fiscal policy and the need to coordinate fiscal consolidation. Presents a list of the economic and political problems facing the ECB and EMU, and argues that the most serious difficulties are mainly political.

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Item type	Current library	Status	Barcode
Analytic	CARICOM Documentation Centre	Available	0000000017892

Reviews the development of the European Union and the motivations that led it to European Monetary Union (EMU). Defines monetary union as a monetary constutition for a supranational monetary system and describes the characteristics of the European Central Bank (ECB). Underscores the propable implication of EMU according to how it is managed, and examines the link ( in a monetary union) between fiscal policy and the need to coordinate fiscal consolidation. Presents a list of the economic and political problems facing the ECB and EMU, and argues that the most serious difficulties are mainly political.

10/29/01 JOY_D

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