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EMU, MAASTRICHT, AND THE 1996 INTERGOVERNMENTAL CONFERENCE
Author(s) -
CROWLEY PATRICK M.
Publication year - 1996
Publication title -
contemporary economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.454
H-Index - 49
eISSN - 1465-7287
pISSN - 1074-3529
DOI - 10.1111/j.1465-7287.1996.tb00612.x
Subject(s) - maastricht treaty , economic and monetary union , context (archaeology) , european union , economics , convergence (economics) , treaty , international economics , european integration , european monetary union , economic policy , international trade , monetary policy , political science , macroeconomics , geography , law , archaeology
This paper presents various economic approaches to achieving monetary union, particularly in the context of European Economic and Monetary Union (EMU) as envisaged in the 1991 Maastricht Treaty. It evaluates the implications of Maastricht, given the economic convergence criteria embodied in the Treaty, in terms of economic policy for individual Member States and for the European Union (EU) as a whole. The paper assesses the EU's options for amending the Maastricht Treaty at its scheduled inter‐governmental conference (IGC).