Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Swiss Participation in the European Payments Union 1950-1958

The Swiss Participation in the European Payments Union 1950-1958

Schwerdtel, Gunter

Paperback

Series: Europaeische Hochschulschriften / European University Studie, Book 536

EconomicsInvesting & Finance

Currently unavailable to order

ISBN10: 3261031441
ISBN13: 9783261031440
Publisher: Peter Lang
Published: Dec 1 1992
Pages: 319
Language: English
Switzerland used the OEEC and its monetary counterpart, the EPU, to overcome her post-World War II isolation. The debate on joining caused fierce arguments about the pros and cons of a multilateral conduct of Swiss foreign economic policy and its consequences for the currency. The EPU's objective was to enable currencies to return to convertibility. Consequently, the Swiss representatives developed the 'evolutionary' approach of gradually hardening the member currencies, contrasting with the British approach that favoured rapid transition. However, neutrality remained the priority of Swiss foreign policy, as interventions against the merging of OEEC and NATO show. Switzerland regretted the EPU's dissolution, thinking that this circle of great homogeneity was better suited for monetary policy cooperation than the IMF. The book ends with a reference to East European monetary problems.

Also in

Investing & Finance

View All