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THE IMPENDING COLLAPSE OF THE EUROPEAN MONETARY UNION
EUROPEAN MONETARY UNION European wealth European currency
2008/11/13
European monetary union will centralize control over European
currency. Some have argued that the scale of this new currency area
will cause a leap in demand for European currency as a numeraire
an...
THE EUROPEAN MONETARY UNION：A POLITICAL TIME BOMB
EUROPEAN MONETARY UNION national currencies setting of exchange rate
2008/11/13
On January 1, 1999, the exchange rate parities for the countries
forming the European Monetary Union were irrevocably fixed. That
was the start of the final phase of a process initially aimed at int...
THE UNITED STATES AS A MONETARY UNION AND THE EURO: A HISTORICAL PERSPECTIVE
THE UNITED STATES HISTORICAL PERSPECTIVE MONETARY UNION
2008/11/7
The creation of the euro in January 1999 was a milestone in monetary
history. One currency supplanted the centuries old currencies of
12 sovereign nations, and the European Central Bank began conduc...
DOES A LESS ACTIVE CENTRAL BANK LEAD TO GREATER ECONOMIC STABILITY? EVIDENCE FROM THE EUROPEAN MONETARY UNION
CENTRAL BANK GREATER ECONOMIC STABILITY EUROPEAN MONETARY UNION
2008/11/6
On January 1, 1999, 11 European countries gave up the independence
of their monetary policy by joining the European Monetary
Union (EMU). Since that time, these countries have shared a common
curre...