Later attempts to achieve stable exchange rates were hit by oil crises and other shocks until, in 1979, the European Monetary System (EMS) was launched. But it was under the presidency of Jacques ...
The purpose of this course is to analyse the process of European monetary integration and its implications for the institutions of economic governance in the EU. There will be a strong emphasis on ...
the currency tribulations of the 1980s led to the European Monetary System and ultimately the euro; and the collapse of communism in Europe led to agreement on establishing a common foreign and ...
Past performance is not a reliable indicator of future results. The strength of the European monetary union would come under more pressure if the inflationary crisis were to result in a protracted ...
"European Monetary Union (EMU ... "As a region, we had an insufficient, financial mechanism to check flaws in our systems. The result was a high debt, characterised by an increase in unemployment." ...