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The European Monetary Union

In: International Finance and Open-Economy Macroeconomics

Author

Listed:
  • Giancarlo Gandolfo

    (Accademia Nazionale dei Lincei)

Abstract

The European Monetary Union, besides its obvious interest for European students, also has a general interest: it is, in fact, the first large-scale experiment of setting up a monetary union among industrialized countries. The precursor of the European Monetary Union was the European Monetary System, of which we shall give an overview before passing on to treat the European Monetary Union. Particular care is given to the question whether a monetary union can stand on its own or requires previous policy coordination measures.

Suggested Citation

  • Giancarlo Gandolfo, 2016. "The European Monetary Union," Springer Texts in Business and Economics, in: International Finance and Open-Economy Macroeconomics, edition 2, chapter 21, pages 557-581, Springer.
    • Handle: RePEc:spr:sptchp:978-3-662-49862-0_21
    DOI: 10.1007/978-3-662-49862-0_21
    as

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