Since 2014
La gestione del cambio nello SME con completa mobilità dei capitali
Moneta e Credito
View Archive Info| Field | Value | |
| Title |
La gestione del cambio nello SME con completa mobilità dei capitali
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| Creator |
BINI SMAGHI, L.
MICOSSI, S. |
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| Subject |
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International trade and balance of payments F15 |
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| Description |
This paper discusses the EMS in a number of sections. Section 1 examines the potential effects of full capital mobility on the sovereignty of national policy making. Section 2 looks at the history of exchange rate management (ERM) within the system to date, and Section 3 considers the role of monetary policy within the ERM. Sections 4 and 5 discuss the future viability of the system in terms of recent changes. In conclusion (Section 6) it is noted that the pressures of short-term capital flows, given free capital, will entail a further loss of monetary autonomy for member countries. JEL Codes: F15
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| Publisher |
Associazione Economia civile
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| Contributor |
—
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| Date |
2013-10-24
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Articolo peer-review |
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| Format |
application/pdf
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| Identifier |
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/10887
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| Source |
Moneta e Credito; Vol 43, N° 169 (1990)
Moneta e Credito; Vol 43, N° 169 (1990) 2037-3651 |
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| Language |
ita
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| Relation |
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/10887/10765
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| Rights |
Copyright (c) 2016 L. BINI SMAGHI, S. MICOSSI
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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