The significance of the euro in the international monetary system. From: American Economist | Date: September 22, 2003| Author: Mundell, Robert A. | COPYRIGHT 2003 Omicron Delta Epsilon. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

It is a great pleasure for me to be here and I thank you, Robert Isaak, for that wonderful introduction; it was very interesting. I am of course going to talk about the euro, but by way of preface, I will tell you about some of my recent journeys.

Two weeks ago I was in Spain at the Euro Forum Conference in the El Escorial Palace outside Madrid, the splendid mausoleum/palace/monastery built by Philip II of Spain to celebrate the occasion of his victory in the Battle of S...

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