Monetary Integration Between Economies with Different Financial Structures.

Today, a variety of financial systems exists in Europe. In view of EMU the question then arises what kind of "institutional convergence" may be required to enable the future European System of Central Banks (ESCB) to function efficiently. With respect to payment systems and settlement assets the paper points out that even if a variety of payment instruments may continue to exist the functional convergence will be assured by EMU.

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Year of publication:	1997
Authors:	Collignon, S
Institutions:	American Institute for Contemporary German Studies-
Subject:	ECONOMIC INTEGRATION \| MONETARY UNION \| CENTRAL BANKS \| FINANCIAL POLICY \| EUROPE

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Series:	American Institute for Contemporary German Studies-.
Type of publication:	Book / Working Paper
Notes:	37 pages
Classification:	F33 - International Monetary Arrangements and Institutions ; E58 - Central Banks and Their Policies ; F15 - Economic Integration
Source:	RePEc - Research Papers in Economics

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