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The Earlier Plans, 1969–70

  • Peter Coffey
  • John R. Presley

Abstract

On 12 February 1969 the now famous Barre Plan was presented to the Council of Ministers of the E.E.C. The main aim of the Plan was the co-ordination of economic policies and monetary co-operation. This was to be achieved through:
  1. (1)

    The provision of immediate, automatic and unconditional short-term credits to member countries experiencing balance of payments difficulties.

     
  2. (2)

    The provision of conditional medium-term credits to member countries experiencing persistent balance of payments difficulties.

     
  3. (3)

    An agreement between member states regarding future growth rates.

     
  4. (4)

    Consultation between member countries on the coordination of their medium-term economic plans.

     

Keywords

Central Bank Monetary Union Finance Minister Fixed Exchange Rate Member Government 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Peter Coffey and John R. Presley 1971

Authors and Affiliations

  • Peter Coffey
  • John R. Presley

There are no affiliations available

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