1982 | OriginalPaper | Chapter
EMU: Prospects and Retrospect
Author : Theo Peeters
Published in: European Monetary Union
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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The purpose of this chapter is not to offer a detailed account of the history of European monetary integration. Excellent accounts are available such as the well-documented book by L. Tsoukalis (1977), which was a major source of information in writing the first section of this chapter. We will rather focus on a general reflection about the nature of, and the problems posed by, European Monetary Union (EMU) in the specific context of the European integration process.