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. Problems are highlighted that need to be solved before EMU becomes viable.
The classical gold standard - its origins, rules and domain; how the classical gold standard did not work; the secret of the gold standard's durability and success; lessons from the gold standard experience; postscript - a comparison of EC and gold standard countries.
The classical gold standard - its origins, rules and domain; how the classical gold standard did not work; the secret of the gold standard's durability and success; lessons from the gold standard experience; postscript - a comparison of EC and gold standard countries.
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