There has been a significant regionalization of international trade. In 1990, 37 percent of the foreign trade of Canada, Mexico, and the United States was bilateral trade between pairs of those three ...

1. I welcome this opportunity to speak to you on the eve of the final stage of the introduction of the Euro. 2. The Euro is unquestionably a major milestone of European integration, envisioned by the ...

IN ITS unending endeavor to create order out of chaos the human mind tries to establish guiding principles, to circumscribe the desired goals and direct the course of events. But the interplay of the ...

In 1999, eleven European countries adopted the euro as their common currency (Greece followed in 2001). This followed a long period of gradually tying their national currencies together more tightly ...

Most economists would argue that monetary integration leads to financial integration; in other words, when a set of countries has a common currency, as in the European Monetary Union (EMU), for ...

Good afternoon to all of you. It is my pleasure to participate in the launch of Target2-Securities. I would like to congratulate the European Central Bank on reaching this important milestone and to ...

Dec 27 (Reuters) - Jacques Delors, a passionate advocate of post-war European integration and a founding father of the European Union's single currency project, has died, his family said. He was 98.

The history of the British pound is as distinctive as that of the British Empire. And just like the sun never set on the Empire, so it goes with the pound, always there through wars, plague, ice ages, ...

Barry Eichengreen is a research associate of the National Bureau of Economic Research and faculty research fellow of the Centre for Economic Policy Research. He’s also a nonresident senior fellow at ...

BERLIN/PARIS (Reuters) - The leaders of Germany and France said on Tuesday they are ready to press ahead with deeper European integration, promising a tighter euro zone at the core of the European ...

Even among academics, it is less known that Europe already witnessed a monetary unification project in the second part of the 19th century. The unification endeavours culminated in the creation of the ...

Can the European Union be salvaged? New books by Timothy Garton Ash and Loukas Tsoukalis document the moral and political exhaustion of the “EU” generation. Berlin, December 22, 1989. Barely a decade ...