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The Exchange-Rate Mechanism: How it Operates

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One Money for Europe?
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Abstract

The EMS, described in outline in Chapter 2, contains a number of features of which by far the most important is the ERM. Of the others, the following five are worth mentioning.

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© 1996 Malcolm Crawford

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Crawford, M. (1996). The Exchange-Rate Mechanism: How it Operates. In: One Money for Europe?. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25035-6_5

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