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Monetary integration in Europe

In: The International Monetary System and the Theory of Monetary Systems

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Abstract

Monetary integration is usually viewed as implying the replacement of several national currencies by one single currency controlled by an international central bank (as is the case with the euro and the European Central Bank). However, a definition and evaluation of monetary integration cannot be made without referring to the roles of money which have been studied previously. It then appears that there are possible routes towards monetary integration other than the substitution of an international monetary system for national systems, namely competition betwen existing currencies, or even competition with newly invented private currencies (such as those which are appearing nowadays).

Suggested Citation

  • ., 2016. "Monetary integration in Europe," Chapters, in: The International Monetary System and the Theory of Monetary Systems, chapter 23, pages 228-244, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17285_23
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    Cited by:

    1. Federico Gobbo, 2017. "Beyond the Nation-State? The Ideology of the Esperanto Movement between Neutralism and Multilingualism," Social Inclusion, Cogitatio Press, vol. 5(4), pages 38-47.
    2. Dumitru NANCU, 2017. "The Role of Financial Instruments and their Impact on the SME Sector," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 18(1), pages 83-91, March.
    3. Dutton, Joseph & Lockwood, Matthew, 2017. "Ideas, institutions and interests in the politics of cross-border electricity interconnection: Greenlink, Britain and Ireland," Energy Policy, Elsevier, vol. 105(C), pages 375-385.
    4. Welkenhuysen, Kris & Rupert, Jort & Compernolle, Tine & Ramirez, Andrea & Swennen, Rudy & Piessens, Kris, 2017. "Considering economic and geological uncertainty in the simulation of realistic investment decisions for CO2-EOR projects in the North Sea," Applied Energy, Elsevier, vol. 185(P1), pages 745-761.

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    Keywords

    Economics and Finance;

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