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This study applies five basic economic principles to the reasons underlying European economic and monetary union. It aims to explain why EMU was agreed to; when it would be realized; how the monetary unit would be established; which means should implement it; and what purpose it should serve.
Introduction and summary
Treaty on economic and monetary union
A monetary-theoretic approach to EMU
Walras's theory of money and the ECU
State theory of money and the ECU
Money as an externality
Money externalities and the ECU
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ISBN: 9781856288859 ISBN-10: 1856288854 Audience:
Number Of Pages: 317 Published: May 1994 Country of Publication: GB Dimensions (cm): 15.5 x 22.4
Weight (kg): 0.55