[From the Introduction]. On March 13, 1991, the European Monetary System (EMS) celebrated its twelfth birthday with a sense that the system, originally launched by French President Valery Giscard d'Estaing and West German Chancellor Helmut Schmidt, had progressed much further toward...

[From the Introduction]. On March 13, 1991, the European Monetary System (EMS) celebrated its twelfth birthday with a sense that the system, originally launched by French President Valery Giscard d'Estaing and West German Chancellor Helmut Schmidt, had progressed much further toward...