Abstract
The record of the European Monetary System at the five-year mark is rather a disappointment for the System’s advocates. Has the “EMS experiment” failed? Or is there potential for developing the System further to the advantage of all member countries?
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Kleinheyer, N., Simmert, D.B. The European Monetary System five years on: Achievements and prospects. Intereconomics 19, 117–123 (1984). https://doi.org/10.1007/BF02928304
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DOI: https://doi.org/10.1007/BF02928304