Bordo, Michael; James, Harold - Directorate-General Economic and Financial Affairs, … - 2008
This essay will evaluate the experience of the first decade of EMU and the euro in historical perspective. It will … ground the establishment of EMU and the euro in the context of the history of international monetary cooperation and of … develop and expand upon the following three themes: 1. Lessons from the evolution of past monetary unions for EMU; 2. Fiscal …