recovery from the Great Recession in the 1930s in the U.S. In the post-World War II era a detailed examination of the Great … Inflation in the 1960s and 1970s in the U.S. and the U.K. suggests that fiscal influences on monetary policy was a key factor …

cooperation and of monetary unions, above all in the U.S., Germany and Italy. The purpose of national monetary unions was to …

As a compromise between the status quo and a U.S. style fiscal union we highlight a series of measures which amount to … be combined with a fiscal union. The history of the U.S. monetary/fiscal union is often given as a template for Europe … 1790 to the mid 1930s. In the European case ,unlike the U.S. story, there is strong opposition to creating a fiscal union …