Euro generation theory

Author: Yang Weiguo
Publisher:
Publish Date: 2002-02-01
Features: This book comprehensively, systematically, and deeply studies the mechanism of the euro's formation, proposing the theory of the combined force equation for euro formation. The author concludes that the formation of the euro is the result of five forces working together: the historical inertia of development, the pressure of the international environment, the gravity of interest demands, the driving force of EU members, and the resistance cost of regression. Ultimately, it is clarified that the euro is the latest summary of the process of European integration.