A Yankee Recipe for a EuroFed Omelet
2 Pages Posted: 3 Nov 2012
Date Written: 1990
Abstract
The architects of the European Monetary Union (EMU) face a dilemma in trying to balance the advantages of decentralized administration against the dangers of nationalism. In this respect, the American model suggests a way to stabilize the EMU by disengaging it from everyday politics.
Suggested Citation: Suggested Citation
Graboyes, Robert F., A Yankee Recipe for a EuroFed Omelet (1990). FRB Richmond Economic Review, vol. 76, no. 4, July/August 1990, pp.18-19, Available at SSRN: https://ssrn.com/abstract=2122674
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