European Monetary Union: The Way Forward

1st Edition

Prof H M Scobie

Published January 1, 1998
Reference - 144 Pages
ISBN 9780415174084 - CAT# RU17173


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A detailed analysis of the economic effects of the changeover to a unified European currency and the pressures caused by a dual-currency system over the transition period to the Euro. Subjects discussed include:
* fiscal transfer payments: the implications of the US structure for the EMU
* consequences of parallel currency 1999-2002
* feasibility of a single currency without the exchange rate mechanism
* the relationship between the UK and Europe
* accounts of moves towards monetary union in Austria, Portugal and Finland.

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