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Vers une monnaie européenne

  • Michel Devoluy

[eng] Michel Dévoluy The evolution of the European monetary system The introduction of a european currency will appear without overturning the current mechanisms. In that prospect, we have first pointed out the reasons why the European currency unit (ecu) has not yet acquired the status of money within the European economic community. On that basis, we suggest enforcing some reforms in order to build a banking system of the ecu, competing with other currencies. This system will have to be supervised by all the European central banks. [fre] Si une véritable monnaie européenne doit appraître, cela s'effectuera sans rupture par rapport aux mécanismes existants. Dans cette perspective, notre étude identifie d'abord les raisons pour lesquelles l'écu n'a pas encore acquis le statut de monnaie au sein de la communauté économique européenne. Sur cette base, nous proposons des mesures concrètes qui permettront au système monétaire européen d'évoluer vers un système bancaire de type hiérarchisé. L'écu pourra alors entrer en concurrence avec les monnaies nationales tout en étant cogéré par l'ensemble des banques centrales.

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Article provided by Programme National Persée in its journal Revue française d'économie.

Volume (Year): 3 (1988)
Issue (Month): 2 ()
Pages: 115-142

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Handle: RePEc:prs:rfreco:rfeco_0769-0479_1988_num_3_2_1179
Note: DOI:10.3406/rfeco.1988.1179
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