The European Monetary System in the context of the integration of European financial markets /

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Bibliographic Details
Author / Creator:	Folkerts-Landau, D. F. I. (David Fokke Ihno), 1949- author.
Imprint:	Washington, D.C. : International Monetary Fund, 1989.
Description:	1 online resource (v, 24 pages) : illustrations.
Language:	English
Series:	Occasional paper / International Monetary Fund ; no. 66 Occasional paper (International Monetary Fund) ; no. 66.
Subject:	European Monetary System (Organization) European Monetary System (Organization) Monetary policy -- European Economic Community countries. Finance -- European Economic Community countries. Capital market. Coinage, International. Finance. Monetary policy. European Economic Community countries.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12500653

Hidden Bibliographic Details
Other authors / contributors:	Mathieson, Donald J., author.
ISBN:	1557751323 9781557751324 1455261351 9781455261352 9781455261352
Notes:	Available in PDF, ePUB, and Mobi formats on the Internet. Includes bibliographical references (pages 23-24). English. Online resource; title from PDF title page (IMF, viewed August 14, 2015).
Summary:	This paper analyzes the European Monetary System (EMS) in the context of the integration of European financial markets. It briefly reviews the objectives of the EMS, its institutional structure, its perceived impact on key macroeconomic variables, and some criticisms of its current arrangements. The paper describes the 1992 program to unify, inter alia, financial markets, and also discusses the pressures that a more integrated financial market places on country authorities and on financial firms. The factors that will influence the ability of the EMS to achieve and maintain a zone of monetary stability are also discussed.
Other form:	1-4552-6135-1
Standard no.:	10.5089/9781455261352.084

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