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European Monetary Union Since 1848: A Political and Historical Analysis - Couverture rigide

Vanthoor, Wim F.V.

 
9781858984612: European Monetary Union Since 1848: A Political and Historical Analysis

Synopsis

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.

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À propos de l'auteur

The late Wim F.V. Vanthoor, formerly Assistant Manager, Research Department and Head of the Historical Section, De Nederlandsche Bank, Amsterdam, the Netherlands

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