Abstract
On March 13, 1979, a new device in the monetary sphere of Western Europe came into being: the European Monetary System (EMS), based on an agreement between the then nine member countries of the European Communities (EEC), started its operations. After a few abortive efforts, this new attempt was made to provide a stimulus from the monetary side to the rather dragging process of European economic integration. Why from the monetary side, and what contribution can monetary policy make to regional economic integration?
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© 1983 Wiener Institut für Internationale Wirtschaftsvergleiche (WIIW) (The Vienna Institute for Comparative Economic Studies)
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Hain, F. (1983). The European Monetary System (EMS). In: Saunders, C.T. (eds) Regional Integration in East and West. Vienna Institute for Comparative Economic Studies. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06071-9_13
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DOI: https://doi.org/10.1007/978-1-349-06071-9_13
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-06073-3
Online ISBN: 978-1-349-06071-9
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