The Euro’s global dreams and nightmares

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Publication Date 08/01/2019
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Abstract:

Ibe motive for founding the euro was to create a European unit that might provide alternative to the dollar as an international and reserve currency. The Werner Report, the first full-throated argument for a single European currency, was issued in a period of angst about the Bretton Woods System and the dollar (Zimmermann,2002). The Delors Report, which provided a detailed roadmap in 1989,was not unrelated to the preceding decade of wild dollar fluctuations.

Source Link Link to Main Source https://www.ceps.eu/the-euros-global-dreams-and-nightmares/
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  • http://aei.pitt.edu/97032/1/BE_Euro_global_dreams.pdf
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