Currency stabilization through full employment: Can EMU combine price stability with employment and income growth? From: Eastern Economic Journal | Date: January 1, 1999| Author: Kregel, J A | Copyright Eastern Economic Association Winter 1999. Provided by ProQuest LLC.Copyright information

SUMMARY INTRODUCTION The introduction of the EURO in 1999 will see the completion of a process initiated by Roy Jenkins' decision to breathe new life into the Treaty of Rome by reviving the project for a common currency. The path that has led from the Exchange Rate Mechanism, to the Single Market Act, to the revision of the original Treaty in Maastricht, has meant a transformation of the original objectives from a free trade zone to a zone of price stability. This has meant that other economi...