European Monetary Union and the Euro

Paper Summary:

A paper which introduces, discusses and analyzes the history, benefits, costs, and challenges of the European Economic and Monetary Union (EMU) and the Euro. The paper also includes a critical assessment of the sources used.

From the Paper:

"On the other hand, the Internet resources tended to be much more biased and less reliable than the texts that were used. The Euro web site only presents the positive aspects of switching currencies, and the news reports tend to show the negatives of the switch. The texts were more balanced and uniform in their discussion, and in their handling of both positive and negative issues involved in the treaties, and with the Euro itself. Often it was not clear what background the Internet authors had to write about their topics, and sources used were mostly interviews, not written or scholarly sources. The Internet sources serve a purpose, but basing a report on those sources alone could bias the report if the writer did not recognize and overcome the bias."

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