The Optimum Currency Area approach to European monetary integration: framework of debate or dead end?

The Optimum Currency Area approach to European monetary integration: framework of debate or dead end?
Document type
Working Paper
Author(s)
Schelkle, Waltraud
Publisher
London South Bank University
Date of publication
1 May 2001
Series
European Institute Working Papers
Subject(s)
Trends: economic, social and technology trends affecting business
Personal subject(s)
Mundell, Robert, 1932-
Collection
Business and management
Material type
Reports

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This paper seeks to contribute to the debate on monetary integration, especially within the European Monetary Union (EMU) policy framework, arguing against the Optimum Currency Area (OCA) approach; this in spite of a renaissance of interest in the theory culminating in the 1999 award of the Nobel Prize to Robert Mundell.

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