'Erm exchange rate mechanism' diaporamas de présentation

Chapter X: The international financial system

Chapter X: The international financial system. Evolution of the international financial system The gold standard The Bretton-Woods System and the IMF The ECU, the ERM and the euro Nominal anchoring (dollarization, currency boards, and managed float)

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Chapter 15 The European Monetary System

Chapter 15 The European Monetary System. The EMS: Past and Present. The EMS was originally conceived as the solution to the end of the Bretton Woods System. Over the years, its nature changed and it became a kind of DM area, with the Bundesbank very much in command.

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STEPS TO INTEGRATION

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