Author: John Ryan / Topic: International Affairs

Author:: John Ryan
Publication Date:: 10-2016
Content Type:: Commentary and Analysis
Institution:: LSE IDEAS
Abstract:: This Strategic Update discusses the most recent problems for the Eurozone, namely the Greek crisis and how the European Central Bank’s (ECB) lack of democratic accountability has contributed to the instability of the Eurozone.
Topic:: International Affairs
Political Geography:: Global Focus

Author:: John Ryan
Publication Date:: 05-2016
Content Type:: Policy Brief
Institution:: EGMONT - The Royal Institute for International Relations
Abstract:: A Monetary Union is one where there is a single fiat currency with a single monetary authority (a central bank). It also has a single interest and exchange rate, and a single legal entity responsible for issuing that currency across a geographic area. This combination of features required for a true monetary union suggests that many previous monetary unions, including the Latin Monetary Union (LMU) and the Scandinavian Monetary Union (SMU) were not proper monetary unions as such, while the Austro-Hungarian Monetary Union (AHMU) was and the Eurozone is.
Topic:: International Affairs
Political Geography:: Europe

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