Directorate General II, Economic and Financial Affairs
Abstract
In a little over one year, Economic and Monetary Union (EMU) will enter its third and final phase. As the date of 1st January 1999 approaches, the debate over European monetary unification is accelerating. The purpose of the present paper is to review and assess the recent debate. This review is deliberately selective. It focuses entirely on the functioning of the monetary union, leaving aside the issues of transition yoward the third stage of EMU, but includes some of the quesitons associated with its early years.
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Publisher Info
Paper provided by Commission of the EC, Directorate-General for Economic and Financial Affairs (DG ECFIN) in its series European Economy - Economic Papers with number
124.
Find related papers by JEL classification: E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
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