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A More Perfect Union? The Logic of Economic Integration

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  • Eichengreen, B

Abstract

This lecture is about the connections between three types of union - customs union, monetary union, and political union. The first section asks whether monetary integration is a concomitant of commercial integration. The second asks whether political integration is a concomitant of monetary integration.

Suggested Citation

  • Eichengreen, B, 1996. "A More Perfect Union? The Logic of Economic Integration," Princeton Essays in International Economics 198, International Economics Section, Departement of Economics Princeton University,.
  • Handle: RePEc:fth:priifi:198
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    Cited by:

    1. Barry Eichengreen & Harold James, 2003. "Monetary and Financial Reform in Two Eras of Globalization," NBER Chapters,in: Globalization in Historical Perspective, pages 515-548 National Bureau of Economic Research, Inc.
    2. Georgios Chortareas & Stephen Miller, 2004. "Optimal Central Banker Contracts and Common Agency," Public Choice, Springer, vol. 121(1), pages 131-155, October.
    3. Lane, Philip R., 2006. "The Real Effects of EMU," CEPR Discussion Papers 5536, C.E.P.R. Discussion Papers.
    4. Takatoshi Ito, 2005. "The Exchange Rate In The Japanese Economy: The Past, Puzzles, And Prospects," The Japanese Economic Review, Japanese Economic Association, vol. 56(1), pages 1-38.
    5. Thygesen, Niels, 1997. "Flexible integration and European monetary union," European Economic Review, Elsevier, vol. 41(3-5), pages 451-459, April.
    6. Philip R. Lane, 2006. "The Real Effects of European Monetary Union," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 47-66, Fall.
    7. Bernard Hoekman & Douglas Nelson, 2018. "21st Century Trade Agreements and the Owl of Minerva," RSCAS Working Papers 2018/04, European University Institute.
    8. Barry Eichengreen & Alan M. Taylor, 2003. "The Monetary Consequences of a Free Trade Area of the Americas," NBER Working Papers 9666, National Bureau of Economic Research, Inc.
    9. Michael Bordo & Harold James, 2006. "One world money, then and now," International Economics and Economic Policy, Springer, vol. 3(3), pages 395-407, December.

    More about this item

    Keywords

    INTERNATIONAL AGREEMENTS ; INTERNATIONAL MONETARY RELATIONS;

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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