Historical record of Monetary Unions: lessons for the European Economic and Monetary Union

Authors

  • Ileana Tache Transilvania University of Brasov, Romania

Keywords:

European Economic and Monetary Union, Gold Standard, USA monetary union, monetary unification of Italy, German Zollverein, Latin Monetary Union, Scandinavian Monetary Union

Abstract

The aim of this paper is to make a record of previous monetary unions and derive some useful lessons for the European Economic and Monetary Union. Evaluating the political economy of the euro through the lens of history, with the help of comparative analysis, can contribute to better understanding the present stage of the EMU and its challenges. Even if the EU is a unique, sui generis, phenomenon, the analytical lessons learned from the historical cases could be applied to the contemporary situation of the euro.

Author Biography

Ileana Tache, Transilvania University of Brasov, Romania

Dept. of Marketing, Tourism and International Relations

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Published

2014-01-31

Issue

Vol. 6(55) No. 2 (2013)

Section

FINANCE AND ACCOUNTANCY

License

Copyright (c) 2013 Bulletin of the Transilvania University of Brasov. Series V: Economic Sciences

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.