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Competing Monies, European Monetary Union and the Dollar

In: One Money for Europe

Author

Listed:
  • Benjamin Klein

Abstract

Since I am going to criticise the All Saints’ Day Manifesto (see p. 37–43 and the attempt to achieve European monetary union by the creation of a parallel European currency, I should explicitly state at the outset that I am very sympathetic to the major thrust of the proposal. First of all, it represents an increased understanding and awareness that we must move towards a more predictable monetary framework. In addition, it clearly recognizes the economic forces that exist in favour of the establishment of a single unified currency within an interdependent trade area such as the European community.

Suggested Citation

  • Benjamin Klein, 1978. "Competing Monies, European Monetary Union and the Dollar," Palgrave Macmillan Books, in: Michele Fratianni & Theo Peeters (ed.), One Money for Europe, chapter 4, pages 69-105, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-04308-8_4
    DOI: 10.1007/978-1-349-04308-8_4
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    Cited by:

    1. Noreng, Oystein, 1999. "The euro and the oil market: new challenges to the industry," Journal of Energy Finance & Development, Elsevier, vol. 4(1), pages 29-68, June.
    2. Michael R. Darby & James R. Lothian, 1983. "Conclusions on the International Transmission of Inflation," NBER Chapters, in: The International Transmission of Inflation, pages 491-524, National Bureau of Economic Research, Inc.
    3. Leijonhufvud, Axel, 1983. "What would Keynes have thought of rational expectations?," Discussion Papers, Series I 177, University of Konstanz, Department of Economics.
    4. Rolf Hasse & Thomas Koch, 1991. "The hard ECU — A substitute for the D-Mark or a trojan horse?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 26(4), pages 159-166, July.

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