search query: @author Thygesen, N. / total: 4
reference: 1 / 4
« previous | next »
| Author: | Thygesen, N. |
| Title: | Flexible integration and European monetary union |
| Journal: | European Economic Review
1997 : VOL. 41:3-5, p. 451-460 |
| Index terms: | EUROPEAN MONETARY SYSTEM ECONOMICS FLEXIBILITY |
| Language: | eng |
| Abstract: | A recent CEPR report, Dewatripoint et al. (1995), has argued that the concept of "flexible integration" should be applied in a number of policy areas in the European Union, most prominently among them the monetary union. But making the latter non-mandatory commitment and leaving monetary policies to be coordinated only indirectly through the pursuit of apparently consistent national inflation targets would create several problems without delivering the degree of exchange-rate stability required for the Single Market. |
« previous | next »
SCIMA