Historical overview of the transition to monetary union in Europe

Abstract

This paper outlines the organization structure of the European System of Central Banks, comprised of the European Central Bank and the central banks of European Monetary Union member countries. Also outlined are the policy procedures used by the European Central Bank as it implements a common monetary policy for all member countries.

Citation

Phillips, K. and Wrase, J.M. (2001), "Historical overview of the transition to monetary union in Europe", European Monetary Union and Capital Markets (International Finance Review, Vol. 2), Emerald Group Publishing Limited, Leeds, pp. 13-19. https://doi.org/10.1016/S1569-3767(01)02003-9