1982 | OriginalPaper | Buchkapitel
European Monetary Arrangements and the International Monetary System
verfasst von : David T. Llewellyn
Erschienen in: European Monetary Union
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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Following a decade of comparative stability in domestic and international monetary arrangements, the 1970s was a period of considerable turbulence. The uncertain, and at times volatile, international environment proved to be unconducive to the attainment of the ambitions of the Werner Report, and revealed a degree of disparity in economic performance among members of the EC that denied significant progress towards formal monetary integration.