Hostname: page-component-78c5997874-94fs2 Total loading time: 0 Render date: 2024-11-15T14:30:25.418Z Has data issue: false hasContentIssue false
  • English
  • Français

Chapter II. The World Economy

Published online by Cambridge University Press:  26 March 2020

R.J. Barrell ,
Andrew Gurney  and
Stephen Dulake
Get access Rights & Permissions [Opens in a new window]

Extract

In the last six months political and economic developments in Europe have moved very rapidly. The democratisation of the East has been quite remarkable, and much heralded, but the change in the political agenda in the West has been almost as important, although much quieter. The drive toward European Monetary Union seems to have speeded up, although there are many important issues still to be settled.

Type
Articles
Information
National Institute Economic Review , Volume 132 , May 1990 , pp. 25 - 47
Copyright
Copyright © 1990 National Institute of Economic and Social Research

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Barrell, R.J. (1990), ‘The EMS and European Monetary Union’, National Institute Economic Review, No. 132, May.CrossRefGoogle Scholar
Barrell, R.J. and Wren-Lewis, S. (1990), ‘Fundamental equilibrium exchange rates for the G7’, CEPR Discussion Paper No. 323.Google Scholar
Britton, A.J. and Mayes, D. (1990), ‘Obstacles to the use of the ECU: macroeconomic aspects’, Economic Journal, forthcoming.CrossRefGoogle Scholar
Dresdner Bank (1990), ‘Germany monetary unification’, Trends Special, March, Frankfurt.Google Scholar
European Commission (1990), ‘Economic and monetary union: the economic rationale and design of the system’, BIS Review, No. 62, March.Google Scholar
Horne, J., Kremers, J., and Masson, P. (1989), ‘Net foreign assets and international adjustment in the US, Japan and the Federal Republic of Germany’, IMF Working Paper No. 89/22, March.CrossRefGoogle Scholar
Wren-Lewis, S. and Barrell, R.J. (1990), ‘Calculation of FEERs using steady state GEM’ for John Williamson's ‘Equilibrium exchange rates: an update’, May.Google Scholar
Engle, R.F. and Granger, C.W.F., ‘Cointegration and error correction: representation, estimation and testing’, Econometrica, Vol. 55, No. 2, pp. 251–76.Google Scholar