Alternative Routes to Monetary Integration in the British Economic and Political Debate (1989-91)
Italian Journal of the History of Economic Thought, Forthcoming
24 Pages Posted: 6 Aug 2009
Date Written: August 5, 2009
Abstract
Contrary to what happened in the Seventies, when the parallel currency approach to monetary integration in Europe turned out to be the winning strategy to assist the political decision by Germany and France to revitalize an agonizing integration process, a similar proposal officially made by the British Government in the years immediately following the publication of the 1989 Delors Report on monetary union was completely unsuccessful. The paper aims at a reconstruuction of the theoretical debates on monetary integration in Britain after the publication of the Delors Report and on the Governmental proposals for a hard-ecu.
Keywords: European Monetary Union, hard-ecu, UK
JEL Classification: A11, B29, E61, F41
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
By Carmen Reinhart, Kenneth Rogoff, ...
-
Dollarization in Latin America: Recent Evidence and Some Policy Issues
-
Dollarization in Transition Economies: Evidence and Policy Implications
By Ratna Sahay and Carlos Végh
-
Dollarization of Financial Intermediation: Causes and Policy Implications
-
The Choice of Exchange Rate Regime and Monetary Target in Highly Dollarized Economies
By Andrew Berg and Eduardo Borensztein
-
Network Externalities and Dollarization Hysteresis: The Case of Russia
By Nienke Oomes