After the Monetary Committee had started its work it was some time before the issue of capital liberalization was taken up. This was largely due to two factors, a practical one and a political one. The practical factor was that both the Commission and the committee had to get organized. Priorities had to be set. They had to take stock of the prevailing situation, make an inventory of existing restrictions and design a framework for giving content to the Treaty obligations.
Member State Monetary Policy Trade Credit Capital Flow Capital Movement
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.
This is a preview of subscription content, log in to check access.