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Published in:
1996 | OriginalPaper | Chapter
The European Plan for the Creation of a Single Currency
Author : Suzanne de Brunhoff
Published in: Money in Motion
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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Since 1970, the instability of flexible exchange rates, the development of international finance unrestricted by national borders, and the difficulties of national monetary policies have inspired numerous reform projects. With the dollar effectively our global currency for want of any other, the question of a world currency, as a unit of reference and of payment, frequently arises. ‘Get ready for a world currency,’ runs a headline in The Economist (9/1/89).