| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP792 |
| DP792 On the Feasibility of a One- or Multi-Speed European Monetary Union | |
| Alberto Alesina; Vittorio Grilli | |
| 发表日期 | 1993-07-31 |
| 出版年 | 1993 |
| 语种 | 英语 |
| 摘要 | This paper addresses two questions: (1) Is a twelve-country monetary union in Europe feasible? (2) Can monetary union be achieved in stages, i.e. with an initial group of countries going first, and later admitting the others? After examining several politico-economic arguments concerning problems of feasibility of the union, we conclude with a fair amount of scepticism concerning the multi-speed idea. We show that the final result of the monetary integration process depends on `how many speeds' Europe proceeds with. Our discussion of feasibility sheds some light on the political economy of the recent (Fall of 1992) turmoil in the monetary system of Europe. |
| 主题 | International Macroeconomics |
| 关键词 | European monetary system European monetary union Multi-speed Political economy |
| URL | https://cepr.org/publications/dp792 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529955 |
| 推荐引用方式 GB/T 7714 | Alberto Alesina,Vittorio Grilli. DP792 On the Feasibility of a One- or Multi-Speed European Monetary Union. 1993. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
