European Monetary Union: Europe's great gamble
The introduction of a single currency in the European Union is the greatest international financial and economic experiment in human history. It is above all a political project, designed to bind together formerly warring nations, to enable them to face the great global problems which are now beyond the powers of individual governments to solve. The experiment is being watched by the whole world. Is it the way of the future, or an over-reaching gamble, doomed to failure?
Published: January 1997 ISBN: 0850489741
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