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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…