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01 February 1990

1992 and Beyond: Creating and EC Monetary Union with Binding Market Rules – February 1990


A plan to ensure that market discipline is certain, yet operates slowly and progressively. This plan proposes specific measures to strengthen the structure of the financial system sufficiently that a Member State's default is not disastrous.

A plan to ensure that market discipline is certain, yet operates slowly and progressively. This plan proposes specific measures to strengthen the structure of the financial system sufficiently that a Member State's default is not disastrous.


© Graham Bishop

Documents associated with this article

Binding Market Rules in EMU.pdf


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