A Monetary Union is one where there is a single fiat currency with a single monetary authority (a central bank). It also has a single interest and exchange rate, and a single legal entity responsible for issuing that currency across a geographic area. This combination of features required for a true monetary union suggests that many previous monetary unions, including the Latin Monetary Union (LMU) and the Scandinavian Monetary Union (SMU) were not proper monetary unions as such, while the Austro-Hungarian Monetary Union (AHMU) was and the Eurozone is
[Introduction]. A monetary union is a group of states which share a single, or common, currency. An ...
International audienceThe current governance problems of the European Economic and Monetary Union en...
This paper argues that a monetary union requires a banking union. While the USA developed both durin...
A Monetary Union is one where there is a single fiat currency with a single monetary authority (a ce...
This article examines three historical monetary unions: the Latin Monetary Union (LMU), the Scandina...
A monetary union is a group of states which share a single, or common, currency. An economic and mon...
The only textbook that discusses both the costs and benefits of monetary unions and the actual worki...
This Policy Brief pleads for an unambiguous commitment by eurozone leaders to establishing a Banking...
Soon after the establishment of the Eurozone it became obvious that the structural differences betwe...
The Euro Zone (EZ)’s economies are under great stress since last decade’s financial crisis. Divergin...
The aim of this paper is to review the European Monetary Union’s history and development and to desc...
Twenty years ago, amid a great fanfare of enthusiasm, the Treaty of Maastricht created the European ...
International audienceThe current governance problems of the European Economic and Monetary Union en...
The Eurocrisis displays an astonishing similarity to the causes of the Great Depression in the form ...
The earlier 2007/2008 financial crisis generated the main lessons for monetary policy, notably that ...
[Introduction]. A monetary union is a group of states which share a single, or common, currency. An ...
International audienceThe current governance problems of the European Economic and Monetary Union en...
This paper argues that a monetary union requires a banking union. While the USA developed both durin...
A Monetary Union is one where there is a single fiat currency with a single monetary authority (a ce...
This article examines three historical monetary unions: the Latin Monetary Union (LMU), the Scandina...
A monetary union is a group of states which share a single, or common, currency. An economic and mon...
The only textbook that discusses both the costs and benefits of monetary unions and the actual worki...
This Policy Brief pleads for an unambiguous commitment by eurozone leaders to establishing a Banking...
Soon after the establishment of the Eurozone it became obvious that the structural differences betwe...
The Euro Zone (EZ)’s economies are under great stress since last decade’s financial crisis. Divergin...
The aim of this paper is to review the European Monetary Union’s history and development and to desc...
Twenty years ago, amid a great fanfare of enthusiasm, the Treaty of Maastricht created the European ...
International audienceThe current governance problems of the European Economic and Monetary Union en...
The Eurocrisis displays an astonishing similarity to the causes of the Great Depression in the form ...
The earlier 2007/2008 financial crisis generated the main lessons for monetary policy, notably that ...
[Introduction]. A monetary union is a group of states which share a single, or common, currency. An ...
International audienceThe current governance problems of the European Economic and Monetary Union en...
This paper argues that a monetary union requires a banking union. While the USA developed both durin...