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Proceedings of the International Association for Business and Society

Volume 10, 1999

Proceedings of the Tenth Annual Meeting

Gérard Bekerman
Pages 521-533
DOI: 10.5840/iabsproc19991048

The euro: from political will to monetary realism

The author analyses the process which has led to implementation of the euro, the single European currency. He highlights the possibility of reversibility if the convergence conditions are not respected. The practical problems of the euro are highlighted together with the risk of the system imploding. The role of the euro, as an international currency, parallel to that of the dollar, is examined.

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