The paper uses the logical tools of Constitutional Economics to analyze the creation of the Euro, considering the entire process as an outcome of a conflict between different rules or, if you want, between different monetary systems, moving from the system of flexible exchange rates to a system of fixed exchange rates and ultimately to the single currency.
Institutional changes and shifting ideas:a constitutional analysis of Euro
MISTRI, MAURIZIO
2007
Abstract
The paper uses the logical tools of Constitutional Economics to analyze the creation of the Euro, considering the entire process as an outcome of a conflict between different rules or, if you want, between different monetary systems, moving from the system of flexible exchange rates to a system of fixed exchange rates and ultimately to the single currency.
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