The Architecture of EMU
Keyword(s):
The Past
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Each description of an ‘architecture’ implies the analysis of the fundamental architect’s plan, leading principles and conditions of existence, which define the design and the shape of the ‘construction’. This applies specifically to the European Monetary Union (EMU), which is inscribed to the European Union (EU) as a kind of an inner circle, because of the intensified kind of union. Looking at the guiding principles in shape of irreversibility and conditionality, it soon becomes evident that, from its beginnings, the architecture of the EMU was a challenge. Owing to the asymmetry of the EMU, this finding has not changed in the past twenty years since the foundation of the EMU.
1999 ◽
Vol 2
(2)
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pp. 104-114
Keyword(s):
2005 ◽
Vol 30
(5)
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pp. 723-736
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Keyword(s):
2015 ◽
pp. 227-247
Keyword(s):
2020 ◽
Vol 64
(3)
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pp. 7-20
Keyword(s):
2013 ◽
Vol 18
(6)
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pp. 1313-1325
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