Road to Monetary Union

The Element explains in non-technical language why the process of monetary integration in Europe started slowly, progressed in fits and starts in the 1970s, and was successfully concluded in 1999. It analyses the strengths and weaknesses of the euro in the 21st century and its future prospects.

List of contents

1. Introduction; 2. Theories; 3. The Werner Report and the Snake; 4. The European Monetary System; 5. The Maastricht Treaty and creation of the euro; 6. The euro expanding; 7. The sovereign debt crisis and its aftermath; 8. Conclusions.

Summary

The Element explains in non-technical language why the process of monetary integration in Europe started slowly, progressed in fits and starts in the 1970s, and was successfully concluded in 1999. It analyses the strengths and weaknesses of the euro in the 21st century and its future prospects.

Product details

• Authors: Richard Pomfret, Richard (University of Adelaide) Pomfret, Pomfret Richard
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 31.03.2021
• EAN: 9781108965477
• ISBN: 978-1-108-96547-7
• No. of pages: 75
• Series: Elements in Economics of European Integration; Elements in Economics of Europ
• Subjects: Social sciences, law, business > Political science > Political science and political education; International Economics, Monetary Economics, EU (European Union), International institutions, EU & European institutions, BUSINESS & ECONOMICS / International / Economics & Trade, monetary union; Eurozone; European Union