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Issues of European monetary integration

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  • Matthes, Heinrich

Abstract

In recent years significant progress has been made towards European monetary integration. Widespread agreement as to the role of monetary policy has been established and there were no realignments of exchange rates within the European Monetary System between March 1983 and July 1985. This was the longest period without realignment in the EMS and contrasted sharply with the six realignments observed in the four years previously. What are the prospects for the further strengthening of the EMS? How can the present system be developed further?

Suggested Citation

  • Matthes, Heinrich, 1985. "Issues of European monetary integration," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 20(4), pages 159-167.
  • Handle: RePEc:zbw:inteco:139978
    DOI: 10.1007/BF02927002
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    Keywords

    European Community;

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