Gros, Daniel; Thygesen, Niels - In: Revue de l'OFCE 24 (1988) 1, pp. 55-80
[eng] The EMS : Achievements and Perspectives Daniel Gros, Niels Thygesen In the first part of this paper, we examine the past functioning of the EMS. We raise a number of issues concerning the contribution of the system to monetary stability, a major objective of European policies till now. We...