The "European Monetary Union" is no doubt the most ambitious project of the European Community, raising a whole array of questions concerning the future of the global financial system. This book, written by an international team of economists and bankers, deals both with key problems of the broad framework that has now been set up and with a range of more specialized aspects of monetary union. The final part looks at the international implications of EMU, providing highly illuminating analyses from the perspective of the major non-European countries. A useful book for economists and all members of the banking world.
