Discussion Paper Details

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Title: International Costs and Benefits from EMU

Author(s): George Alogoskoufis and Richard Portes

Publication Date: June 1990

Keyword(s): Fiscal Policy, Monetary Policy, Monetary Union and Policy Coordination

Programme Area(s): International Macroeconomics

Abstract: In this paper we examine the international implications of monetary union in the European Community (EMU) and the associated international costs and benefits. We consider prospective changes in international institutions, the potential role of the ecu as an international currency, and the implications of EMU for the international coordination of monetary and fiscal policies.

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Bibliographic Reference

Alogoskoufis, G and Portes, R. 1990. 'International Costs and Benefits from EMU'. London, Centre for Economic Policy Research.