One Market, One Money: An Evaluation of the Potential Benefits and Costs of Forming an Economic and Monetary Union

by Michael Emerson, Daniel Gros, and Alexander Italianer

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This first volume of two on European Monetary Union (EMU) is based on the work, and gives the view, of the Commission of the European Communities. It provides a general introduction to the issues.

The EMU project is outlined and its benefits and costs examined, including the implications for public finances and the impact on the international system. The author also looks at transitional issues in general, at national perspectives, transaction costs, and macroeconomic model simulations.
  • ISBN10 0198773242
  • ISBN13 9780198773245
  • Publish Date 27 February 1992 (first published 1 February 1992)
  • Publish Status Active
  • Publish Country GB
  • Imprint Oxford University Press
  • Format Paperback
  • Pages 354
  • Language English