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You are here: Home / Publications / Monetary Policy / The Monetary Implications of the 1992 Process

The Monetary Implications of the 1992 Process

Edited with R Brown, P Jacquet and H Sherman, Pinter Publications: London 1990

Using a case study approach, this book compares the essential areas of convergence and conflict on the way to Economic and Monetary Union (EMU) for four countries; Germany, the Netherlands, France and the UK.  It concludes that economic integration via the 1992 Process could be facilitated by monetary union, but monetary union is a state that cannot be achieved and maintained without a high degree of economic union among its members.  It therefore recommends a multi-speed approach to monetary union.

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Filed Under: Monetary Policy

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