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The CFA Franc Zone and the EMU

Author/Editor: Michel Galy, Michael T Hadjimichael.

Release Date:November, 1997

Whether the prospective shift of the peg of the CFA franc to the euro would constitute an exchange rate arrangement with EMU countries would depend critically on the interpretation of the free more...



Price: $15.00
Spain : Converging with the European Community

Author/Editor: Gonzalo C Pastor, Thierry Pujol, Michel Galy.

Release Date:January, 1993

Spain's participation in European integration has strengthened its policymaking credibility and created an enviroment conducive to sustainable economic growth. Over the last decade, Spain has seen more...



Price: $15.00
Implementation of Monetary Policy in Ems Countries Participating in the Exchange Rate Mechanism

Author/Editor: Michel Galy.

Release Date:October, 1992

This paper investigates the issue of monetary interdependence among members of the European Monetary System over the period 1979–91 and the leadership role attributed to the German central more...



Price: $15.00
Spain : Landmarks in Economic Development, 1939-92

Author/Editor: Erich Spitäller, Michel Galy.

Release Date:September, 1992

Recent success of the Spanish economy is frequently attributed to the benefits from economic integration into the European Community, which Spain joined in 1986. By contrast, this paper takes the more...



Price: $15.00