• Corpus ID: 12382354

8 Lessons of Massachusetts for EMU

  title={8 Lessons of Massachusetts for EMU},
  author={Paul R. Krugman},
Over the past decade the European Community has made great strides towards becoming a fully unified economic entity. Border obstacles and regulatory barriers to an integrated market for goods and services have been removed in the drive towards 1992; now, as the economic and monetary union (EMU) moves forward, an integrated capital market and eventually a common currency seem all but assured. By the end of the twentieth century Europe should, in many respects, constitute as unified and… 

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