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Is there a strong economic case for a nation to have separate currencies? Does a nation increase its welfare by abolishing its currency and adopting that of a wider area? Should that area be the European Community, all of Europe, or the whole world? This volume on monetary integration addresses these questions through an exploration of the economic costs and benefits of such a union in Europe. It includes an analysis of the European Monetary System and scrutinizes issues related to the transition to a full monetary system.
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⚠️ California Proposition 65 Warning: Some products sold on this website may expose you to chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm. For more information, visit www.P65Warnings.ca.gov.