Abu‐Rashed, Jamal; Cameron, Lance; Rankin, Carol H. - In: Management Decision 33 (1995) 2, pp. 22-30
In late July 1993, the European Monetary System threatened to unravel. The Exchange Rate Mechanism (ERM), which ties European Community members′ currencies together, faced the possibility of collapse as the French franc and other currencies pushed perilously close to the permissible bounds of...