Skip to main content

The Belgium-Luxemburg Economic Union

  • Conference paper
International Economic Integration

Part of the book series: Studies in Contemporary Economics ((CONTEMPORARY))

Abstract

The Belgium-Luxemburg Economic Union (BLEU) has never created much interest. The few articles devoted to it are not of very recent date. The best known is the short survey by J. E. Meade (1962). In this paper I shall consider successively — after a brief introduction — the characteristics of the Union, the nature of the monetary association and the dangers threatening this association, namely substantial capital movements and a persistent deficit on current account. A comparison with the European Community (EC) is followed by a concluding commentary.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Ahlborn, H. (1991), La contribution relative actuelle du Grand-Duché de Luxembourg à la balance des opérations courantes de l’Union Economique Belgo-Luxembourgeoise, in: Rèperes, No. 24

    Google Scholar 

  • Beauvois, R. (1984), Le rôle actuel et futur de la Banque Nationale de Belgique dans le cadre de l’Union Economique Belgo-Luxem- bourgeoise, in: Institut Universitaire International (éd.), La question monétaire au Luxembourg, Mars

    Google Scholar 

  • Bernard, H. (1961), Terre commune. Histoire des pays de Benelux, microcosme de l’Europe, Turnhout, Brepols

    Google Scholar 

  • Bindert-Bogdanowicz, C. (1979), The Dual Exchange Rate System. Review of some Theoretical and Practical Issues with Particular Reference to the Belgian-Luxemburg Economic Union (BLEU), in: Revue de la Banque, June

    Google Scholar 

  • Blaisse, Mark/Cerf, Paul (1991), Luxemburg, the Shrewd Dwarf, in: European Affairs, Aug.-Sep.

    Google Scholar 

  • Boll, F. (1979), The Structure of the Balance of Payments of the Belgo- Luxemburg Economic Union in Relation to its Dual Exchange- Rate System, in: Cahiers Economiques de Bruxelles, 3rd quarter

    Google Scholar 

  • Commission of the European Communities (1984), Five Years of Monetary Cooperation in Europe (Communication from the Commission to the Council), COM (84) 125 final, 2 March

    Google Scholar 

  • Fleming, J. M. (1974), Dual Exchange Market and other Remedies for Disruptive Capital Flows, in: IMF Staff Papers, March

    Google Scholar 

  • GroupeTalent (1970), Le système belge du double taux de change, in: Cahiers Economiques de Bruxelles, 2e trim

    Google Scholar 

  • Institut Belgo-Luxembourgeois Du Change (1985), Annual Report 1984, In: Moniteur Belge, 5 July

    Google Scholar 

  • Issing, Otmar (1992), quoted in Le Monde, 13 November

    Google Scholar 

  • Meade, J. E. (1962), The Belgium-Luxemburg Economic Union, 1921–1939, in: Meade, J. E./Liesner, H. H./Wells, S. J. (eds.), Case Studies in European Economic Union. The Mechanism of Integration, Oxford

    Google Scholar 

  • Meerhaeghe, M. A. G. van (1987), The Belgium-Luxemburg Economic Union, SUERF series 54 A, Tilburg

    Google Scholar 

  • Meerhaeghe, M. A. G. van (1989), Taxation and the European Community, in: Economia delle Scelte Pubbliche, No. 1/2

    Google Scholar 

  • Meerhaeghe, M. A. G. van (1992), International Economic Institutions, 6th ed., Dordrecht, Boston, London

    Google Scholar 

  • Pescatore, P. (1965), L’Union Economique Belgo-Luxembourgeoise: expériences et perspectives d’avenir, in: Chronique de Politique Etrangère

    Google Scholar 

  • Poos, Jacques F. (1977), Crise économique et petites nations. Le modèle luxembourgeois, Centre de Recherches Européennes, Lausanne

    Google Scholar 

  • Puttemans, R. (1979), La place financière de Luxembourg, in: Revue de la Banque, No. 3

    Google Scholar 

  • Quintyn, Marc/Vuchelen, J. (1992), Monetary Policy, in: Meerhaeghe, M. A. G. (ed.), Belgium and EC Membership Evaluated, New York

    Google Scholar 

  • Santer, J. (1994), Luxembourg fidèle à la Belgique, in: L’Echo, 24 Feb.

    Google Scholar 

  • Soldatos, P. (1984), L’Union Economique Belgo-Luxembourgeoise au lendemain de sa reconduction: les contours et les enseignements politico-institutionnels d’une réussite discrete, in: Studia Diplomatica, No. 5

    Google Scholar 

  • Valenne, P. M. (1989), Luxembourg, une place financière importante, efficace et solide, in: Repères, III

    Google Scholar 

  • VAN Overtveldt, J. (1983), Dubbele wisselmarkt is nep, in: Trends, 3 Feb.

    Google Scholar 

  • Ypersele, J. van/Koeune, J. C. (1983), The European Monetary System. Origins, Operation and Outlook, European Commission, Brussels

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 1995 Physica-Verlag Heidelberg

About this paper

Cite this paper

van Meerhaeghe, M.A.G. (1995). The Belgium-Luxemburg Economic Union. In: Lang, F.P., Ohr, R. (eds) International Economic Integration. Studies in Contemporary Economics. Physica-Verlag HD. https://doi.org/10.1007/978-3-642-48421-6_5

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-48421-6_5

  • Publisher Name: Physica-Verlag HD

  • Print ISBN: 978-3-7908-0861-2

  • Online ISBN: 978-3-642-48421-6

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics