Euro at Five: Ready for a Global Role?, The
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AbstractThe euro is the only major currency to be created in the 20th century; it now stands on the brink of becoming one of the world's two reserve currencies in the 21st century. The euro's use and development shape the entire agenda for ever-closer union in Europe and for transatlantic relations. As the currency bearing the brunt of the US dollar's decline from its overvaluation of the late 1990s, the euro's value and management is critical to the successful adjustment of international imbalances. And as a long-run competitor and collaborator with the dollar, the euro creates the potential for a bipolar international monetary system, offering unprecedented challenges and opportunities to economic policymakers. The papers and commentaries in this book explore the euro's international role, its record thus far, and its future.
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Bibliographic InfoThis book is provided by Peterson Institute for International Economics in its series Peterson Institute Press: All Books with number sr18 and published in 2005.
Note: Special Report 18
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- Adam S. Posen & Daniel Popov Gould, 2006.
"Has EMU Had Any Impact on the Degree of Wage Restraint?,"
Working Paper Series, Peterson Institute for International Economics
WP06-6, Peterson Institute for International Economics.
- Adam Posen & Daniel Popov Gould, 2006. "Has EMU had any Impact on the Degree of Wage Restraint?," CESifo Working Paper Series 1783, CESifo Group Munich.
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