000 00882nam a2200121Ia 4500
005 20260716043432.0
100 _aPortes, Richard
245 _aMonetary union in motion : the European experience
260 _c2001
520 _aReviews 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.
583 _c10/29/01
_kJOY_D
942 _cA
999 _c47213
_d47213