Back from the Brink: An Appeal to Fellow Europeans over Monetary Union (Occasional Paper) by - epub fb2 djvu

Europe is on the brink of an unprecedented experiment in 1998, a monetary reform on a Continental scale, a merging of currencies among sovereign states, a fusing of the economic policies of diverse central banks. The likes of this kind of union has never been witnessed in history, unless by imposition of a superior nation holding sway over subject societies. The reactions of Europeans before this huge gamble are predictably mixed. This book attempts to reflect on the true reasons and foreseeable consequences of a European Monetary Union, and on the best course to take for the welfare of Europe.