Abstract
The current political debate about economic and monetary union (EMU) tends to focus on the drafting of the Treaty provisions needed for the implementation of Stage Three — the main task of the Intergovernmental Conferences under way — as well as on the contents of the up to now ill-defined transitory period called Stage Two. It is therefore a welcome feature of this Conference to invite discussion on Stage One, and thus help ensure that the most immediate tasks of the authorities, in connection with progress to be achieved towards EMU, do not fall in oblivion.
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Notes
H. Ungerer, J. J. Hauvonen, A. Lopez-Claros, and Th. Mayer, The European Monetary System: developments and perspectives; IMF Occasional paper No. 73, November 1990.
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© 1992 Springer Science+Business Media Dordrecht
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Rey, JJ. (1992). The first stage towards economic and monetary union. In: Fair, D.E., De Boissieu, C. (eds) Fiscal Policy, Taxation and the Financial System in an Increasingly Integrated Europe. Financial and Monetary Policy Studies, vol 22. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-2628-1_22
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DOI: https://doi.org/10.1007/978-94-011-2628-1_22
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