A Two‐speed Monetary Union in Europe
Colin Turner
(Lecturer in Economics at the Humberside Business School,
Hull, UK.)
299
Abstract
The recent crisis in the ERM has meant EMU can no longer proceed along the lines proposed in the Maastricht Treaty. Proposes that a two or even multi‐speed EMU should emerge from the crisis. This would be based on a “hardcore” which would form the basis for exchange rate/macro policy management for “softer” countries.
Keywords
Citation
Turner, C. (1994), "A Two‐speed Monetary Union in Europe", European Business Review, Vol. 94 No. 1, pp. 3-8. https://doi.org/10.1108/09555349410050703
Publisher
:MCB UP Ltd
Copyright © 1994, MCB UP Limited