Revisiting the 1992-93 EMS crisis in the context of international political economy

Dimitris P. Sotiropoulos

Research output: Working paperDiscussion paper

Abstract

The paper revisits the sequence of events leading to the 1992-93 crisis of the European Monetary System‘s Exchange Rate Mechanism in the context of International Political Economy. The paper reconsiders the crisis, emphasising the workings of monetary unions and contemporary financial markets. The lessons to be drawn could help in understanding the contemporary crisis of the Euro area.
Original languageEnglish
Place of PublicationKingston upon Thames, U.K.
PublisherFaculty of Arts and Social Sciences, Kingston University
Number of pages17
Publication statusPublished - Oct 2012
Externally publishedYes

Publication series

NameEconomics Discussion Paper
PublisherFaculty of Arts and Social Sciences, Kingston University
No.2012/07

Keywords

  • Economics and econometrics
  • European Monetary System
  • currency crises
  • monetary unions

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