Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/48044
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dc.contributor.authorKrämer, Hans R.en_US
dc.date.accessioned2011-07-13T10:37:35Z-
dc.date.available2011-07-13T10:37:35Z-
dc.date.issued1970en_US
dc.identifier.urihttp://hdl.handle.net/10419/48044-
dc.description.abstractMonetary unions of the past had a better chance of success if economic policies of the participating states were in harmony. Example: The Scandinavian Monetary Union in contrast to the Latin Monetary Union. 0 Since harmony of economic policies could not be maintained under political stress (in the First World War), even the Scandinavian Union failed. .1 0 The only cases where monetary unions have survived up toQiow are those of general political, economic, and monetary unification: Switzerland, Italy and Germany. In monetary matters, the centralizing of decisions has been a minimum requirement for the success of a union. 0 No historical monetary union has brought about political unification. It has always been the other way round.-
dc.language.isoengen_US
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen_US
dc.relation.ispartofseries|aKieler Diskussionsbeiträge |x5en_US
dc.subject.ddc330en_US
dc.titleExperience with historical monetary unionsen_US
dc.typeWorking Paperen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:ifwkdp:5-
dc.identifier.printppn020009046en_US

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