Title: Lessons for EMU from the History of Monetary Unions (IEA readings 50)
Publisher: Institute of Economic Affairs
Publication Date: 2000
Language: English
ISBN 10: 0255364288
ISBN 13: 9780255364287
Binding: Soft cover
Condition: Very Good

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The history of monetary unions is a relatively unexplored area in economics. Yet it should be able to provide guidance for Europe's venture into monetary union. In Readings 50, Michael Bordo and Lars Jonung discuss both the history and the lessons it may hold for EMU. Their paper is followed by six commentaries by other distinguished economists with a variety of viewpoints on monetary union. The book is introduced by Robert Mundell who pioneered the optimal currency area approach and who was awarded the Nobel Prize in economics in 1999.

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