|Author (Person)||Eichengreen, Barry|
|Publisher||Centre for European Policy Studies [CEPS]|
|Series Title||CEPS Commentary|
|Content Type||Research Paper|
Ibe motive for founding the euro was to create a European unit that might provide alternative to the dollar as an international and reserve currency. The Werner Report, the first full-throated argument for a single European currency, was issued in a period of angst about the Bretton Woods System and the dollar (Zimmermann,2002). The Delors Report, which provided a detailed roadmap in 1989,was not unrelated to the preceding decade of wild dollar fluctuations.
|Subject Categories||Economic and Financial Affairs|
|Keywords||Euro | Single Currency
|International Organisations||European Union [EU]|