IDEAS home Printed from https://ideas.repec.org/a/cup/nierev/v172y2000ip90-104_9.html
   My bibliography  Save this article

‘The Generous Utopia of Yesterday Can Become the Practical Achievement of Tomorrow’: 1000 Years of Monetary Union in Europe

Author

Listed:
  • Einaudi, Luca

Abstract

Monetary unions have been a recurring element in European history, driven by the need to overcome obstacles to trade caused by the fragmentation of political authority. Between the 14th and the 19th centuries, a series of coinage unions were set up in the German speaking world, which served as models for the Latin and Scandinavian monetary unions in 1865 and 1872. With the growing size of participating states and the transformation of money, thanks to the end of bimetallism and the wider use of bank notes and deposits, the objectives and the practical management of monetary unions became more complex and more political. Monetary union became strictly associated with European federalism and required new common institutions after the end of the classical metallic standards in 1914.

Suggested Citation

  • Einaudi, Luca, 2000. "‘The Generous Utopia of Yesterday Can Become the Practical Achievement of Tomorrow’: 1000 Years of Monetary Union in Europe," National Institute Economic Review, National Institute of Economic and Social Research, vol. 172, pages 90-104, April.
  • Handle: RePEc:cup:nierev:v:172:y:2000:i::p:90-104_9
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0027950100008516/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:nierev:v:172:y:2000:i::p:90-104_9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://edirc.repec.org/data/niesruk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.