European monetary integration

Mourlon-Druol, E. (2020) European monetary integration. In: Battilossi, S., Cassis, Y. and Yago, K. (eds.) Handbook of the History of Money and Currency. Springer: Singapore. ISBN 9789811305955

Abstract

This chapter analyses the process of monetary integration in Europe between 1945 and 1992, when the Treaty of Maastricht introduced the euro as the single currency of most member states of the European Union (EU). It introduces the main theories used in dealing with the monetary integration of Europe, and provides the institutional and global context in which the discussions took place. It analyses the different types of monetary integration that Europe used and debated, including the use of the unit of account, the debate over the introduction of a parallel currency, exchange rate coordination, and the creation of a single currency. It finally presents the different phases of the creation of the euro.

• Item Type: Book Sections
• Additional Information: Ebook isbn 9789811305979
• Keywords: European Unit of Account (EUA), Exchange Rate Mechanism (ERM), European Monetary System (EMS), European Currency Unit (ECU), parallel currency, euro.
• Status: Published
• Glasgow Author(s) Enlighten ID: Mourlon-Druol, Professor Emmanuel
• Authors: Mourlon-Druol, E.
• College/School: College of Social Sciences > Adam Smith Business School > Management
• Publisher: Springer
• ISBN: 9789811305955

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• Publisher

Project Code	Award No	Project Name	Principal Investigator	Funder's Name	Funder Ref	Lead Dept
71995	1	EURECON	Emmanuel Mourlon-Druol	European Research Council (ERC)	716849	BUS - MANAGEMENT
173755		EURECON	Emmanuel Mourlon-Druol	European Research Council (ERC)	Mourlon-Druol, Dr Emmanue	BS - Management