Economic and Monetary Union in Europe
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Economic and Monetary Union in Europe

Theory, Evidence and Practice

Edited by Mark Baimbridge and Philip Whyman

Economic and Monetary Union in Europe brings together contributions from leading specialists which explain and evaluate the most important implications of economic and monetary union. The book examines theoretical aspects of monetary integration, illustrates the historical lessons to be learned from these and discusses the resulting policy consequences.
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Chapter 5: German monetary union and the lessons for EMU

Ray Barrell and Dirk Willem te Velde


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