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A More Perfect Union? The Logic of Economic Integration

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  • Eichengreen, B

Abstract

This lecture is about the connections between three types of union - customs union, monetary union, and political union. The first section asks whether monetary integration is a concomitant of commercial integration. The second asks whether political integration is a concomitant of monetary integration.

Suggested Citation

  • Eichengreen, B, 1996. "A More Perfect Union? The Logic of Economic Integration," Princeton Essays in International Economics 198, International Economics Section, Departement of Economics Princeton University,.
    • Handle: RePEc:fth:priifi:198
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    Cited by:

    1. Barry Eichengreen & Harold James, 2003. "Monetary and Financial Reform in Two Eras of Globalization," NBER Chapters, in: Globalization in Historical Perspective, pages 515-548, National Bureau of Economic Research, Inc.
    2. Eichengreen, Barry & Taylor, Alan M., 2003. "The Monetary Consequences of A Free Trade Area of the Americas," CEPR Discussion Papers 3909, C.E.P.R. Discussion Papers.
    3. Michael Bordo & Harold James, 2006. "One world money, then and now," International Economics and Economic Policy, Springer, vol. 3(3), pages 395-407, December.
    4. Takatoshi Ito, 2005. "The Exchange Rate In The Japanese Economy: The Past, Puzzles, And Prospects," The Japanese Economic Review, Japanese Economic Association, vol. 56(1), pages 1-38, March.
    5. Adjalala, Frida & Dissou, Yazid, 2023. "Idiosyncratic shocks in a currency union: Insights from West Africa," Economic Modelling, Elsevier, vol. 122(C).
    6. Bernard Hoekman & Douglas Nelson, 2018. "21st Century Trade Agreements and the Owl of Minerva," RSCAS Working Papers 2018/04, European University Institute.
    7. Georgios Chortareas & Stephen Miller, 2004. "Optimal Central Banker Contracts and Common Agency," Public Choice, Springer, vol. 121(1), pages 131-155, October.
    8. Lane, Philip, 2006. "The Real Effects of EMU," CEPR Discussion Papers 5536, C.E.P.R. Discussion Papers.
    9. Philip R. Lane, 2006. "The Real Effects of European Monetary Union," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 47-66, Fall.
    10. Thygesen, Niels, 1997. "Flexible integration and European monetary union," European Economic Review, Elsevier, vol. 41(3-5), pages 451-459, April.

    More about this item

    Keywords

    INTERNATIONAL AGREEMENTS ; INTERNATIONAL MONETARY RELATIONS;

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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