Sophia Aguirre, Maria - In: Journal of Economic Integration 15 (2000), pp. 19-46
This paper presents a dynamic theoretic model of monetary union break - downs that result from violations of the … the targets that will determine whether or not a monetary union member will be subject to for - eign reserves depletion or … if they should continue to participate in the monetary union or withdraw from it. Therefore, it indirectly provides an …