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Please use this identifier to cite or link to this item: http://hdl.handle.net/2262/7238

Title: Ireland and the European Monetary System
Other Titles: Symposium on the European Monetary System
Author: Dowling, Brendan R.
Keywords: European Monetary System
Ireland in EMS
Fixed exchange rate regimes
Exchange rate stability
Issue Date: 1981
Publisher: Statistical and Social Inquiry Society of Ireland
Citation: Dowling Brendan R. 'Symposium on the European Monetary System - Ireland and the European Monetary System'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. XXIV, Part III, 1980/1981, pp10-15
Series/Report no.: Journal of The Statistical and Social Inquiry Society of Ireland
Vol. XXIV, Part III, 1980/1981
Abstract: It is now 19 months since Ireland began its membership of the European Monetary System. To the man in the street the record of those months is a standing warning not to listen to the advice of economists on important matters such as the value of the domestic currency. With the Irish pound at a discount of 20 per cent to sterling at the time of writing there are considerable grounds for resentment among a public who were led to expect a premium over sterling as a bonus (or cost) of EMS membership. It would be inappropriate here to discuss the reasons why sterling has proved so strong since March 1979. It might be noted, however, that no leading currency forecasters got the direction, let alone the strength, of sterling's movement correct in early 1979.
Description: Read before the Society, 13 November 1980
URI: http://hdl.handle.net/2262/7238
ISSN: 00814776
Appears in Collections:Archive JSSISI: 1847- Complete Collection

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