Jonung, Lars; Drea, Eoin - In: Econ Journal Watch 7 (2010) 1, pp. 4-52
On the whole, the euro has, thus far, gone much better than many U.S. economists had predicted. We survey how U ….S. economists viewed European monetary unification from the publication of the Delors Report in 1989 to the introduction of euro … skeptical of monetary unification in Europe. We explain the skepticism as resulting from the strong influence of the original …
