Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/140439 
Year of Publication: 
1994
Citation: 
[Journal:] Intereconomics [ISSN:] 0020-5346 [Volume:] 29 [Issue:] 2 [Publisher:] Nomos Verlagsgesellschaft [Place:] Baden-Baden [Year:] 1994 [Pages:] 55-58
Publisher: 
Nomos Verlagsgesellschaft, Baden-Baden
Abstract: 
The extreme widening of the exchange rate margins last summer has transformed the EMS from a multilateral fixed rate system into a system of unilateral exchange rate pegging. Professor Neumann characterises the current state of the EMS, outlines the major defects of the system and makes some proposals for reform.
Subjects: 
European Monetary System
Persistent Identifier of the first edition: 
Document Type: 
Article
Document Version: 
Digitized Version

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