ECU in business : how to prepare for the single currency in the European Union

書誌事項

ECU in business : how to prepare for the single currency in the European Union

Ralph J. Mehnert-Meland

Boston : Graham & Trotman, 1994

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

The consequences of monetary union among the EU member states will have numerous practical implications, affecting not only financial institutions but other business organizations, large and small, as well as the private citizen. This book explains these practical consequences so that businessmen, bankers and others can plan for the inevitable arrival of the ECU in good time.

目次

Part I: Description of a typical business transaction involving the currencies of EU Member States and the effects of the EMU on such a transaction. Part II: Description of the current monetary system and its history, including the European Monetary Systems, the Exchange Rate Mechanisms and the effects of the 1992 and 1993 Currency Crises. Part III: Discussion of the costs of the current system for businesses and individuals. Part IV: Description of the existing ECU, its composition, use in the EMS and for official private purposes. Part V: Use of the private ECU by businesses and individuals, including an overview of the markets in private ECU instruments. Part VI: Overview of obstacles (and their applicable legal basis) to the private use of the existing ECU. Part VII: Description of the Maastricht Treaty on European Union and its effects. Part VIII: Discussion of the issues associated with the interim system before the final introduction of the ECU as the single EU currency. Part IX: Description of the effects of the conversion from the current multi-currency system into the ECU. Part X: Practical tips for businesses and individuals to prepare for the introduction of the ECU and the abolition of existing EU currencies.

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