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The euro’s global dreams and nightmares. CEPS Commentary, 8 January 2019

Eichengreen, Barry (2019) The euro’s global dreams and nightmares. CEPS Commentary, 8 January 2019. [Policy Paper]

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    Abstract

    One motive for founding the euro was to create a European unit that might provide an alternative to the dollar as an international and reserve currency.1 The Werner Report, the first full-throated argument for a single European currency, was issued in a period of angst about the Bretton Woods System and the dollar (Zimmermann, 2002).2 The Delors Report, which provided a detailed roadmap in 1989, was not unrelated to the preceding decade of wild dollar fluctuations.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 07 Feb 2019 16:53
    Number of Pages: 4
    Last Modified: 26 Apr 2019 11:16
    URI: http://aei.pitt.edu/id/eprint/95831

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