VI Monetary Union—Transitional Issues
Author: Mr. Mark P. Taylor1, Mr. Peter Isard, Mr. Morris Goldstein2, and Mr. Paul R Masson
  • 1 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund
  • | 2 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund
Language:
English
Keywords:
OP; monetary union desirable; monetary union; country; exchange rate commitment; policy union; policy coordination; exchange rate union; Monetary unions; Exchange rates; Currencies; Real exchange rates; Europe; Middle East; Western Hemisphere; Asia and Pacific; Global; ECU currency; ECU proposal; EC currency; thirteenth currency; anti-inflationary monetary policies; Foreign exchange intervention; Currency reform

Abstract

Previous sections have considered a number of issues concerning currency unions, including traditional criteria for their success, the conformity of existing unions to these criteria, the convergence of real economic performance before and after their establishment, and implications for fiscal policy. This section discusses some of the issues concerning the transition to monetary union. The overwhelming example in this context is Europe, where various plans are currently being debated—and the first steps have already been taken—toward full monetary union between the countries of the EC.

Cited By

Within Same Series

Other IMF Content

Other Publishers Content

Cover Policy Issues in the Evolving International Monetary System
Policy Issues in the Evolving International Monetary System
Author: Mr. Mark P. Taylor, Mr. Peter Isard, Mr. Morris Goldstein, and Mr. Paul R Masson
ISBN:
9781557752345
ISSN:
0251-6365
Publication Date:
15 Jun 1992
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557752345.084
Pages:
81