00555nam a2200085Ia 4500100002000000245004500020260000900065520037600074583001900450  aKENEN, Peter B.  aPreferences, domains and sustainability.  c1997  aDifferentiates between a currency area and a monetary union, noting that the two regimes differ in practice less than in principle.  Uses the European Monetary System and the proposed European Monetary Union to demonstrate the differences.  Asserts that the EMU will happen, and distinguishes between its long-run economic viability and its short-run political viability.  c3/7/00kM2LMGR