European Monetary Unification and International Monetary Cooperation
- Author(s): Eichengreen, Barry
- Ghironi, Fabio
- et al.
In this paper we describe some of the opportunities and perils for international monetary cooperation associated with EMU. Our approach brings together two strands in the literature; one concerned with institutions, the other focusing on policy consensus. Previous work on the subject has featured both perspectives. Our contribution is to show how they fit together.