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|b .W6 no.13740
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|a H11.N27534 no.13740
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|a Eichengreen, Barry J
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|a Sui generis EMU /
|c Barry Eichengreen
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|a Cambridge, Mass. :
|b National Bureau of Economic Research,
|c c2008
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|a 43 p. :
|b ill. ;
|c 22 cm
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|a text
|b txt
|2 rdacontent
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|a unmediated
|b n
|2 rdamedia
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|a volume
|b nc
|2 rdacarrier
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|a NBER working paper series ;
|v working paper 13740
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|a "January 2008"
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|a Includes bibliographical references (p. 38-43)
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|a The thesis of this paper is that there is no historical precedent for Europe's monetary union (EMU). While it is possible to point to similar historical experiences, the most obvious of which were in the 19th century, occurred in Europe, and had "union" as part of their names, EMU differs from these earlier monetary unions. The closer one looks the more uncomfortable one becomes with the effort to draw parallels on the basis of historical experience. It is argued that efforts to draw parallels between EMU and monetary unions past are more likely to mislead than to offer useful insights. Where history is useful is not in drawing parallels but in pinpointing differences. It is useful for highlighting what is distinctive about EMU
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|a Also available online via the World Wide Web
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|a Economic and Monetary Union
|2 fast
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|a Economic and Monetary Union
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|a Monetary unions
|z Europe
|x History
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|a History
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|a Monetary unions
|2 fast
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|a Europe
|2 fast
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|a National Bureau of Economic Research
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|a Working paper series (National Bureau of Economic Research) ;
|v working paper no. 13740
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