[From the precis]. This study provides a multi-dimensional analysis of the decision of British policy makers to join the exchange rate mechanism (ERM) of the European Monetary System (EMS) in October 1990, British monetary authorities are obliged to function within several different spheres...

This paper seeks to explain the variance between success and failure of attempts to achieve monetary cooperation and integration in Western Europe. In its first two sections the paper develops six assumptions about international monetary behavior of states and the conditions for monetary...

It is nearly impossible to fully understand the developments and problems of European economic and monetary integration without examining its historical and political background. European monetary integration has at times been propelled, at times been hindered by political motives and...

It is nearly impossible to fully understand the developments and problems of European economic and monetary integration without examining its historical and political background. European monetary integration has at times been propelled, at times been hindered by political motives and...

This article will first develop the concept of financial motivations, presenting first the relevant variables and then the logic suggesting why they should be linked. Then it will look at monetary policy behaviour in four international monetary systems; the gold standard at the beginning of this...

This paper takes a preliminary step toward formulating a theory of German leadership within European monetary politics. Its purpose is to examine the constraints to monetary cooperation in Europe. An analysis of the constraints provides a prerequisite for understanding the particular role of...

[From the precis]. This study provides a multi-dimensional analysis of the decision of British policy makers to join the exchange rate mechanism (ERM) of the European Monetary System (EMS) in October 1990, British monetary authorities are obliged to function within several different spheres...

This paper seeks to explain the variance between success and failure of attempts to achieve monetary cooperation and integration in Western Europe. In its first two sections the paper develops six assumptions about international monetary behavior of states and the conditions for monetary...

[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...

This paper takes a preliminary step toward formulating a theory of German leadership within European monetary politics. Its purpose is to examine the constraints to monetary cooperation in Europe. An analysis of the constraints provides a prerequisite for understanding the particular role of...