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Author: | Cooper, R. |
Title: | Key currencies after the Euro |
Journal: | World Economy
1999 : JAN, VOL. 22:1, p. 1-24 |
Index terms: | ECONOMIC CONDITIONS MONEY EUROPE |
Language: | eng |
Abstract: | This paper reviews the forms of and reasons for the international use of national currencies. It concludes that while the creation of an Economic and Monetary Union in Europe, with its own currency the euro, will mark a major event in the annals of monetary history, and will require major changes within Europe, it is not likely to affect much for many decades the international monetary system outside Europe. |
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