| Description |
xvi, 207 pages ; 24 cm |
| Contents |
1. General characteristics -- 2. Monetary union -- 3. Supraregional monetary unions -- 4. Inter-European monetary unions -- 5. The 19th-century monetary unions assessed -- 6. The period 1918-1945: The age of European disintegration -- 7. The period 1945-1957: Preparations for integration -- 8. The period 1957-1969: The common market -- 9. The period 1969-1979: A difficult road to EMU -- 10. The period 1979-1989: The European Monetary System -- 11. The period 1989-1995: The way to 'Maastricht' and its repercussions -- 12. Assessment: Period 1918-1995 --13. Lessons from the past -- 14. EPU as the ultimate objective of EMU? -- 15. Summary and conclusions --Appendix 1. Overview of measures taken in the 19th-century European monetary unions -- Appendix 2. Chronological overview of economic, monetary and political cooperation in the European Community: period 1945-1995 |
| Summary |
This innovative book - based on actual historical experience - advances the controversial idea that European Monetary Union will only succeed if supported by much closer political union between the member states. A careful analysis of initiatives in the nineteenth century shows that if a monetary union is based on an agreement between autonomous states, tensions arise which eventually destroy the arrangements. This leads to the conclusion that political union is a prerequisite not only for the sustainability of a monetary union, but also and especially for its irreversibility |
| Analysis |
Europe |
|
International monetary system History |
| Bibliography |
Includes bibliographical references (pages 193-201) and index |
| Notes |
Rev. translation of: Europese monetaire eenwording in historisch perspectief |
| Subject |
Monetary policy -- Europe -- History.
|
| SUBJECT |
Europe -- Economic integration.
http://id.loc.gov/authorities/subjects/sh85045678
|
| LC no. |
96031270 |
| ISBN |
1858984610 |
|
