Effects of the euro on trade, capital markets and the international monetary system |
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Authors: | Ralf Zeppernick |
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Institution: | 1. Federal Ministry of Economics and Technology, Bonn, Germany
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Abstract: | The implications of the introduction of the euro undoubtedly reach far beyond Europe. How will the rest of the world be affected? What role will the euro play as an international trading, investment and reserve currency? Will it be able to function as a stabilising element in the international monetary system? |
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