EMU: Facts, Challenges and Policies
| The launch of the euro reinforces the foundations for
unprecedented economic integration encompassing 11 countries, 16% of the world
GDP and 290 million people. For the first time, the OECD has studied the
euro-area as a fully-fledged economic entity and has analyzed the intensive
preparations that led to the single currency, as well as the economic issues
raised by its introduction.
There are challenges that must be faced in the years to come, and EMU: Facts, Challenges and Polices discusses them in the light of the most penetrating and informative analysis today's economists can provide. It attempts to identify the best policies for ensuring the success of the monetary union. This is a complex study that takes a hard look at the issues and will be of great interest to anyone wishing to understand the economic mechanisms at work.
Aussi disponible en français.
Published by the Organisation for Economic Co-operation & Development, 1999.
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Last modified: April 9, 2000
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