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EMU: Threats and Opportunities for Companies and National Economies

In: The Impact of the Euro

Author

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  • David Currie

Abstract

Europe has embarked on an extraordinary undertaking: a single European currency. Although the Maastricht Treaty committed the European Union to the goal of economic and monetary union (EMU) several years ago and the project is now coming to fruition with the launch of the Euro in 11 countries on 1 January 1999, debate over the matter continues to rage. What kind of project is it: an economic initiative, intended to derive the greatest benefits from Europe’s single market, or a broader political idea, leading to closer integration of Europe’s governments? How well will the Maastricht plan work? And, will Europe’s new currency, the Euro, prove to be a blessing or a curse?

Suggested Citation

  • David Currie, 2000. "EMU: Threats and Opportunities for Companies and National Economies," Palgrave Macmillan Books, in: Mark Baimbridge & Brian Burkitt & Philip Whyman (ed.), The Impact of the Euro, chapter 8, pages 113-138, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37244-3_8
    DOI: 10.1057/9780230372443_8
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    Cited by:

    1. Werner Bonefeld, 2018. "Stateless Money and State Power: Europe as ordoliberal Ordnungsgef?ge," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2018(1), pages 5-26.

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