Ungerer provides a comprehensive, yet concise and accessible history of European monetary integration over the past half century, from the European Payments Union (EPU) to the realization of Economic and Monetary Union (EMU) as mapped out by the Maastricht Treaty. Monetary integration is essential to the completion of a single market and the realization of and closer political cooperation in Europe. Ungerer demonstrates this point while giving readers the only up-to-date account and analysis of European monetary integration currently available. The book will be an important resource not only for scholars and students of European economic and political integration, but also for professionals in a wide range of fields within international business and finance.
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