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Titlebook: European Monetary Integration; EMS Developments and Paul J. J. Welfens Book 19942nd edition Springer-Verlag Berlin · Heidelberg 1994 Europa

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roblem of fiscalpolicies/regional stabilization in Europe, the US andCanada.This book gives an assessment of the EMSdevelopments and shows how financial market liberalizationas well as the EC 1992 project affect the process ofeconomic and monetary union.978-3-642-97540-0
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What can the Fiscal Systems in the United States and Canada Tell Us about EMU?, Indeed, according to those authors, such a federal system may be essential for the survival of EMU. In contrast, the EC currently has no fiscal mechanisms at the Community level for offsetting short-run, or cyclical, fluctuations—such as unemployment insurance or an EC-wide income tax.
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Basic Features of a European Monetary Order,d of economic and monetary policy necessitates institutional changes, the provisions of Article 236 shall be applicable.” Pursuant to that article, such amendments shall be “ratified by all the member states in accordance with their respective constitutional requirements.”
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Creating a European Central Bank after 1992: Issues of EC Monetary Integration and Problems of Instespect to an institutional framework for an EC central bank — a dual speed monetary integration scheme in which major continental EC countries would adopt a stability-oriented common monetary policy under the leadership of the German Bundesbank (central bank) seems to be possible.
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Monetary and Fiscal Policy in a European Monetary Union: Some Public Choice Considerations,ooperation Fund of 1973 and a number of directives to institutionalize monetary policy coordination in the EC .. The . discussed the relationship between trade and goods markets integration and monetary integration in the EC. It argued that monetary union should be postponed until the achievement of
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The Role of Data in Digital Transformation,d of economic and monetary policy necessitates institutional changes, the provisions of Article 236 shall be applicable.” Pursuant to that article, such amendments shall be “ratified by all the member states in accordance with their respective constitutional requirements.”
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European Monetary Union: Post-Maastricht Perspectives on Monetary and Real Integration in Europe,93, but also towards monetary union by the end of the 1990s. However, within months the EC was facing (i) a confidence crisis on the side of market participants, (ii) an economic policy crisis in the sense of diverging views on the desired policy course in major EC countries and (iii) a growing conc
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