1. The Belgium-Luxemburg Economic Union
- Author
-
M. A. G. van Meerhaeghe
- Subjects
Economic integration ,International free trade agreement ,Political science ,Regionalism (international relations) ,European integration ,Economic history ,Current account ,Single market ,Fiscal union ,Economic union - Abstract
The Belgium-Luxemburg Economic Union (BLEU) has never created much interest. The few articles devoted to it are not of very recent date. The best known is the short survey by J. E. Meade (1962). In this paper I shall consider successively — after a brief introduction — the characteristics of the Union, the nature of the monetary association and the dangers threatening this association, namely substantial capital movements and a persistent deficit on current account. A comparison with the European Community (EC) is followed by a concluding commentary.
- Published
- 1995
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