European Monetary System: Developments & Perspectives (ebook)

European Monetary System: Developments & Perspectives (ebook)

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This paper reviews developments in the European Monetary System (EMS). The paper highlights that the first phase of development of the EMS, from its beginning in March 1979 to March 1983, can be seen as a phase of trial and orientation. A common economic policy strategy was not yet in place, and the member countries tried to cope with exogenous disturbances in different ways. The second phase, from March 1983 to 1987, can be described as one of consolidation. Economic policies in exchange rate mechanism countries were increasingly oriented toward internal monetary stability.


Detalles del ebook
ISBN:
9781462310227
Editorial:
International Monetary Fund
Formato:
EPub con DRM
Idioma:
Inglés
Género:
Historia
Subgénero:
Historia Universal
Prelectura del libro:
European Monetary System: Developments & Perspectives (ebook)

Referencia:

1462310227 |

EAN:

9781462310227