Tag Archives: Jacques Delors

John R. Gillingham, The EU: an Obituary, London, Verso, 2016. Review and commentary.Part II. France, Germany and world markets.

The second phase of the European project may be dated from the breakdown of the post-war fixed exchange rate regime, whereby currencies were benchmarked to a stable dollar, itself convertible at $34 an ounce gold. The key decision was taken … Continue reading

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