Abstract
The decision to create a European monetary union (EMU) has prompted the fear that the introduction of a single currency and a single central bank will deprive member countries of their national monetary sovereignty: the ability to alter monetary and exchange rate policies according to their individual needs. In Britain, in particular, there is growing concern that EMU will inevitably lead to far-reaching constitutional changes of this kind.
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Note
M. Panić, European Monetary Union — Lessons from the Classical Gold Standard (London: Macmillan, 1992).
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© 1996 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Panić, M. (1996). Monetary Sovereignty under Different International Systems: A Historical Comparison. In: Taylor, C. (eds) European Monetary Union: The Kingsdown Enquiry. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24825-4_31
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DOI: https://doi.org/10.1007/978-1-349-24825-4_31
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-24827-8
Online ISBN: 978-1-349-24825-4
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