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Significance of the EMS and the Evaluation of Euro in the European Integration Process


  • Siret HURSOY

    () (Ege Universitesi, Iktisadi ve Idari Bilimler Fakultesi)


The progressive development of the European Union (EU) in general and the Economic and Monetary Union (EMU) in particular, which are seen as major European challenges in an economically polarising world, occupy a significant place in our every day life. This article explains the role of the European Monetary System (EMS), the EMU, and the European Currency Unit (ECU) as a historic event in the European integration process and also assesses the consequences of post-EMU circumstances – economically and politically – from the integrationist perspective.

Suggested Citation

  • Siret HURSOY, 2002. "Significance of the EMS and the Evaluation of Euro in the European Integration Process," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 2(1), pages 57-63.
  • Handle: RePEc:ege:journl:v:2:y:2002:i:1:p:57-63

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    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System


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