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, Eurozone societies. A review of EMU's origins and first years of EMU would thus be remiss without national case studies. France …
Persistent link: https://www.econbiz.de/10010669632
European monetary history prior to 1950 presents many attempts at international monetary coordination, but none were as bold and as far reaching as the European Monetary Union envisioned in the Delors Report of 1989 and enacted through the 1991 Treaty on the European Union in Maastricht. This...
Persistent link: https://www.econbiz.de/10010669631
EMU's design is seriously flawed. Monetary union was established without political union, creating a single eurozone …. Its exceptionally independent central bank, the ECB, sets monetary policy for the eurozone economy as a whole, but it has … no institutions for setting a eurozone-wide fiscal policy, and hence no democratically accountable structure for setting …
Persistent link: https://www.econbiz.de/10010669620