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By Philip L. Cottrell,Gérassimos Notaras,Gabriel Tortella,Gabriel, Professor Tortella,Gérassimos, Professor Notaras,Philip L, Professor Cottrell

With the creation of the euro a lot contemporary awareness has been desirous about the position of currencies and their nationwide and overseas value. while a lot has been made from the euro's achievements in harmonising Europe's monetary dealings, it's always forgotten that it's under no circumstances the 1st pan-national forex to go into circulate. certainly, because the a number of contributions to this quantity make simple, the euro can in lots of methods be considered as a step 'back to the future', that's, one more overseas foreign money in a protracted historic culture that incorporates the Athenian tetradrachm, the Spanish peso and the French franc.

Covering a timespan of a few and a part millennia, the contributions inside of this quantity fall inside 4 large chronological sections, the 1st comprising 3 contributions that ponder elements of the eu event from classical antiquity until eventually the excessive heart a long time. The dialogue then leaps ahead chronologically to the fashionable age, given a spotlight via 3 contributions dedicated to nineteenth-century eu advancements. those, in flip, are set inside of a much broader spatial point of view by way of essays that overview, first, the classical most fulfilling, basically by way of peripheral economies' adventure, and, moment, the Bretton Woods process. Fourth, and finally, the euro's origins and delivery are explored in 3 additional contributions.

By taking this kind of long-term view of supra-national currencies, this quantity presents a different point of view, not just to the creation and improvement of the euro, and its predecessors, but additionally at the broader query of the connection among alternate and customary currencies.

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