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This book explains the political background and describes the decision-making leading to European Monetary Union, as seen by a former central banker who participated in the process during more than two decades. Political rather than economic considerations were decisive in establishing EMU. French-German relations in particular form a thread that runs through the book, notably French efforts to replace German monetary domination by a form of decision-making France can influence. Thus, the issues involved are issues of power, though often presented in technical terms of economics.
Published by: Palgrave Macmillan
Publication Date: 2000-03-15
Format: Hardcover
ISBN-13: 9780333749739
DOI: 10.1057/9780230599475
Dimensions: 216cm x140cm
Pages: 258