monetary_systems.odt

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Monetary systems:

-the Gold Standard (c1870-1914; 1925-1931) (L2)

-the Bretton Woods System (1945-1971) (L2)

-Smithsonian Agreement (1971) – The European Snake System (L3)

-the Werner Plan (1971) (abandoned halfway through) (L3)

-the ERM system (L4 & L5)

              ERM I (1979)

              *the Basle-Nyborg Agreement (1987) (L5)

              *the 'reform' of the ERM (1993) (L5)

 

              the Single European Act (1987) (L6)

              the Delors Report (1989)

              the Maastricht Treaty (1992)

              ERM II

              the Stability and Growth Pact (1997) (L8)

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