Provides an analysis of the classical gold standard (1880-1914) - the nearest historical equivalent to what EC countries are attempting to do - in order to examine critically these and other issues raised in the debate. Problems are highlighted that need to be solved before EMU becomes viable.
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Provides an analysis of the classical gold standard (1880-1914) - the nearest historical equivalent to what EC countries are attempting to do - in order to examine critically these and other issues raised in the debate. Problems are highlighted that need to be solved before EMU becomes viable.
Provides an analysis of the classical gold standard (1880-1914) - the nearest historical equivalent to what EC countries are attempting to do - in order to examine critically these and other issues raised in the debate. In the process, it destroys a number of myths about the gold standard and questions the adequacy of conditions which exist within the European Community for the success and long-term survival of the proposed monetary union. Problems are highlighted that need to be solved before EMU becomes viable. The author has also written "National Management of the International Economy".
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