4 papers
econ.EM2018
Maastricht and Monetary Cooperation
Chris Kirrane
This paper describes the opportunities and also the difficulties of EMU with regard to international monetary cooperation. Even though the institutional and intellectual assistance…
econ.EM2018
The Bretton Woods Experience and ERM
Chris Kirrane
Historical examination of the Bretton Woods system allows comparisons to be made with the current evolution of the EMS.
econ.GN2018
Implications of EMU for the European Community
Chris Kirrane
Monetary integration has both costs and benefits. Europeans have a strong aversion to exchange rate instability. From this perspective, the EMS has shown its limits and full moneta…
econ.GN2018
Lessons from the History of European EMU
Chris Kirrane
This paper examines the history of previous examples of EMU from the viewpoint that state actors make decisions about whether to participate in a monetary union based on rational s…