Does EMU need stage two? |
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Authors: | Stefan Johannes Hack Wolfgang Maennig |
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Institution: | 1. University of Technology, Berlin, Germany
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Abstract: | The Delors Committee’s three stage plan for attaining European Economic and Monetary Union has met with heavy criticism and
has given rise to various counter-proposals. The following article examines the relative merits and shortcomings of the Delors
Plan and the alternative concepts presented by the Deutsche Bundesbank and the British Government. |
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