breath-focus
发表于 2025-3-21 19:36:47
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要塞
发表于 2025-3-21 21:53:10
Experience under the EMS and Prospects for Further Progress towards EMU,settled into the landscape more comfortably than one might have expected from the debate surrounding the negotiation period. Already in April 1979, only a month after the EMS began its operating, Christopher McMahon (1979), now deputy Governor of the Bank of England observed: ‘If the EMS did not exi
outer-ear
发表于 2025-3-22 04:14:56
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AORTA
发表于 2025-3-22 08:13:01
Foreign Exchange Market Intervention using an ECU-indicator,fined as a basket of currencies in much the same way as the SDR. The objective of the introduction of the ECU was to contribute to a fully-fledged European Monetary Union. Whether or not this objective will be attained is uncertain. The question remains outside the scope of this article.
–scent
发表于 2025-3-22 09:24:54
European Monetary Arrangements and the International Monetary System,e uncertain, and at times volatile, international environment proved to be unconducive to the attainment of the ambitions of the Werner Report, and revealed a degree of disparity in economic performance among members of the EC that denied significant progress towards formal monetary integration.
Lumbar-Stenosis
发表于 2025-3-22 14:57:39
Comments on Llewellyn,he river banks, whereas man is able to make the necessary intellectual ‘leap’ and analyse his social, political and economic framework in the context of the world at large and not merely within narrow geographical constraints.
Lumbar-Stenosis
发表于 2025-3-22 17:42:38
The Case for Flexible Exchange Rates in 1980,ing the 1950s and 1960s, when a (more or less) fixed-exchange-rate regime was in force, than they do now, after close to a decade of experience with them. In this chapter, I seek to contribute to the ongoing debate about flexible exchange rates in a number of ways. First, I shall review briefly the
六个才偏离
发表于 2025-3-22 22:32:10
On the Relative Bias of Flexible Exchange Rates,tive. In pursuit of a lower rate of change of prices they have allowed their unemployment rates to increase to levels that would not have been considered politically possible as recently as a decade ago. It is arguable, however, that further increases in unemployment, or even maintenance of current
initiate
发表于 2025-3-23 02:45:21
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青春期
发表于 2025-3-23 08:30:29
Comments on Allen,ome and price levels of the members of a monetary union, within a carefully specified analytical framework. In detail, the results of course must necessarily reflect the very precise assumptions of the model from which they are derived. Nevertheless, the spirit of the exercise must be that the exper