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The (supposed) groundwork on single currency unions by Mundell dates from the 1960s. The notion of a single currency for Europe was then (until the early '70s) a hot number. The crises of the '70s put it on the back burner, to be picked up again in the '80s.
by afew (afew(a in a circle)eurotrib_dot_com) on Sat Feb 28th, 2015 at 12:51:12 PM EST
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