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