Jump to Content Jump to Main Navigation

Part VI Monetary Unions and other Forms of Monetary Organization, Introduction

Charles Proctor, Dr Caroline Kleiner, Dr Florian Mohs

From: Mann on the Legal Aspect of Money (7th Edition)

Charles Proctor

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2022. All Rights Reserved.date: 28 June 2022

Intro.VI.01 There is no doubt that the completion of Economic and Monetary Union in Europe is the major monetary development since Dr Mann himself completed the fifth edition of this work in 1991. This achievement directly challenges the traditional notion that individual States must create and organize their own, independent monetary systems.1 In past times, it had been taken for granted that a State must have its own currency, just as it had its own territory and its own constitution. Yet, radical though the introduction of the euro may appear to be, monetary...
Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.