An Introduction to European Monetary Union

  • Geoffrey E. Wood


The EC has since its inception been committed to achieving ‘economic and monetary union’. All the papers in this section of the volume are prompted by that latter objective. In this brief introductory essay, the background to the current discussion of monetary union is set out; this will provide the context for the debate to which the following papers contribute. This is followed by a short guide to the main points of the papers.


Exchange Rate Central Bank European Central Bank Monetary Union National Currency 
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.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Giavazzi, F. and Giavannini, A., ‘Can the European Monetary System Be Copied Outside Europe?’ in Bransen, W.H., Frenkel, J.A. and Goldstein, M. (eds), International Policy Coordination and Exchange Rate Fluctuations (Chicago: University of Chicago Press for NBER, 1990).Google Scholar
  2. Hayek, F., Denationalization of Money, Hobart Special Paper No. 70 (London: IEA, 1976; 2nd edn. 1978; 3rd edn. 1990).Google Scholar
  3. Vaubel, R., Choice in European Monetary Union, 9th Wincott Memorial Lecture, Occasional Paper No. 55 (London: IEA, 1979).Google Scholar
  4. Vaubel, R., ‘Currency Competition and European Monetary Integration’, Economic Journal, Vol. 100, No. 402, September 1990, pp. 936–40.CrossRefGoogle Scholar
  5. Wood, G.E., ‘The European Monetary System’, in Jenkins, R. (ed.), Britain and the EEC (London: Macmillan, 1983).Google Scholar
  6. Wood, G.E., ‘Banking and Monetary Control After 1992: A Central Bank for Europe?’ in Veljanovski, C. (ed.), Whose Europe? (London: IEA, 1989).Google Scholar
  7. Wood, G.E., ‘One Money for Europe? A Review Essay’, Journal for Monetary Economics, Vol. 25, 1990.Google Scholar

Copyright information

© The Bruges Group 1992

Authors and Affiliations

  • Geoffrey E. Wood

There are no affiliations available

Personalised recommendations