Eichengreen, Barry - Institute of Business and Economic Research (IBER), … - 1996
the themes is that the economics profession knows little about EMU's benefits and costs. But while EMU is a gamble, it is … probably a gamble worth taking, if you believe, as I do, that the EMU project is integrally linked to the effective completion … of the Single Market, and that the benefits of the Single Market are large. EMU also has costs, and it is the difficulty …