Jump to ContentJump to Main Navigation
A Europe Made of MoneyThe Emergence of the European Monetary System$
Users without a subscription are not able to see the full content.

Emmanuel Mourlon-Druol

Print publication date: 2012

Print ISBN-13: 9780801450839

Published to Cornell Scholarship Online: August 2016

DOI: 10.7591/cornell/9780801450839.001.0001

Show Summary Details
Page of

PRINTED FROM Cornell University Press SCHOLARSHIP ONLINE (www.cornell.universitypressscholarship.com). (c) Copyright University of Cornell University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in Cornell for personal use. date: 21 September 2021

Chasing the Ghosts of Failed Negotiations, Mid-July–Late September 1978

Chasing the Ghosts of Failed Negotiations, Mid-July–Late September 1978

(p.196) 7 Chasing the Ghosts of Failed Negotiations, Mid-July–Late September 1978
A Europe Made of Money

Emmanuel Mourlon-Druol

Cornell University Press

This chapter examines the European Monetary System (EMS) negotiations from the Bremen European Council until late September 1978, when the debate over the role of the European Currency Unit in the new exchange rate system had been largely settled, and how such negotiations relate to monetary debates of the previous years. It first considers the early technical discussions leading up to the first post-Bremen Finance Council of July 24 and goes on to discuss the second phase of discussions in August, during which the European Economic Community (EEC) member states made their official positions known. It then assesses the progressive evolution of the negotiations along a Bundesbank-inspired line over the month of September. It also analyzes the “concurrent studies” and the emergence of differing opinions on the most important points concerning the exchange rate system.

Keywords:   concurrent studies, European Monetary System, European Council, European Currency Unit, exchange rate system, Finance Council, European Economic Community, negotiations

Cornell Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.