The ECU and European Monetary Union

  • George McKenzie
Part of the Southampton Series in International Economics book series (SOSIE)


My objectives in this chapter are:
  1. (a)

    to show that the development of a common currency system within the European Monetary System is a necessary condition for the effective completion of the internal European market;

  2. (b)

    to indicate the steps that will need to be undertaken in order that such a common currency system will be established.



Exchange Rate Interest Rate Monetary Policy Monetary Union European Monetary Union 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© George McKenzie and Anthony J. Venables 1991

Authors and Affiliations

  • George McKenzie

There are no affiliations available

Personalised recommendations