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1989 | OriginalPaper | Buchkapitel

Comments

verfasst von : Roland Vaubel

Erschienen in: New Institutional Arrangements for the World Economy

Verlag: Springer Berlin Heidelberg

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Manfred Wegner’s description and appraisal of the European Monetary System (EMS) shows only one side of the coin: its success in reducing exchange rate fluctuations among the member currencies participating in the exchange rate mechanism (ERM). What is the other side of the coin? Let us compare the years before and after the establishment of the EMS.

Metadaten
Titel
Comments
verfasst von
Roland Vaubel
Copyright-Jahr
1989
Verlag
Springer Berlin Heidelberg
DOI
https://doi.org/10.1007/978-3-642-83647-3_7

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