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Revisiting the 1992-93 EMS crisis in the context of international political economy

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Abstract

The paper revisits the sequence of events leading to the 1992-93 crisis of the European Monetary System’s Exchange Rate Mechanism in the context of International Political Economy. The paper reconsiders the crisis, emphasising the workings of monetary unions and contemporary financial markets. The lessons to be drawn could help in understanding the contemporary crisis of the Euro area.

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File URL: http://eprints.kingston.ac.uk/23864/
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Bibliographic Info

Paper provided by School of Economics, Kingston University London in its series Economics Discussion Papers with number 2012-7.

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Length: 17 pages
Date of creation: Oct 2012
Date of revision:
Handle: RePEc:ris:kngedp:2012_007

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Postal: Kingston University London, School of Economics, Penrhyn Road, Kingston upon Thames, Surrey, KT1 2EE, UK
Web page: http://fass.kingston.ac.uk/schools/economics/
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Keywords: European Monetary System; monetary unions; currency crises;

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