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European Monetary Agreement
Duration	17 years
Motive	Economic integration

The European Monetary Agreement (EMA) was an arrangement formed between countries within Europe to enable a sense of stability for the balance of payments accounts of member states. The EMA was implemented by the Organisation for Economic Cooperation and Development (OECD) to establish unity between the exchange rates of European countries, allowing member states to directly convert currencies. ^[1]

References

^ Polak, J. J. (1957). "Monetary Analysis of Income Formation and Payments Problems". Staff Papers - International Monetary Fund. 6 (1): 1. doi:10.2307/3866128. ISSN 0020-8027.

Sources I want to use on this page:

The European Monetary Agreement, the European Payments Union, and Convertibility^[1]

European Monetary Integration^[2]

The case for European Monetary Integration. ^[3]

European Monetary Agreement: guide to the new convertible currencies how scheme works^[4]

European monetary agreement comes under U.S. reappraisal: U.S. reappraises a monetary pact. ^[5]

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^ Jones, Dallas (1957). "THE EUROPEAN MONETARY AGREEMENT, THE EUROPEAN PAYMENTS UNION, AND CONVERTIBILITY". The Journal of Finance. 12 (3): 333–347. doi:10.1111/j.1540-6261.1957.tb04142.x.
^ Coffey, Peter; Presley, John R. (1971), "Monetary Integration and Britain's Entry", European Monetary Integration, Palgrave Macmillan UK, pp. 79–88, ISBN 978-1-349-01260-2, retrieved 2020-04-08
^ J, Ingram (1973). "The case for European Monetary Integration" (PDF). Princeton University. 98: 1–27.
^ "European Monetary Agreement: guide to the new convertible currencies how scheme works". South China Morning Post. 1959.{{cite web}}: CS1 maint: url-status (link)
^ "European monetary agreement comes under U.S. reappraisal: U.S. reappraises a monetary pact". New York Times. 1971.{{cite web}}: CS1 maint: url-status (link)

[1] Polak, J. J. (1957). "Monetary Analysis of Income Formation and Payments Problems". Staff Papers - International Monetary Fund. 6 (1): 1. doi:10.2307/3866128. ISSN 0020-8027.

[2] Jones, Dallas (1957). "THE EUROPEAN MONETARY AGREEMENT, THE EUROPEAN PAYMENTS UNION, AND CONVERTIBILITY". The Journal of Finance. 12 (3): 333–347. doi:10.1111/j.1540-6261.1957.tb04142.x.

[3] Coffey, Peter; Presley, John R. (1971), "Monetary Integration and Britain's Entry", European Monetary Integration, Palgrave Macmillan UK, pp. 79–88, ISBN 978-1-349-01260-2, retrieved 2020-04-08

[4] J, Ingram (1973). "The case for European Monetary Integration" (PDF). Princeton University. 98: 1–27.

[5] "European Monetary Agreement: guide to the new convertible currencies how scheme works". South China Morning Post. 1959.{{cite web}}: CS1 maint: url-status (link)

[6] "European monetary agreement comes under U.S. reappraisal: U.S. reappraises a monetary pact". New York Times. 1971.{{cite web}}: CS1 maint: url-status (link)

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v t e Forms of economic integration
Trade bloc	Preferential trading area Free-trade area Economic partnership Passport-free zone Single market
Economic union	Customs union Monetary union Customs and monetary union Economic and monetary union Complete economic integration
Shared policies	Fiscal union Social union Political union
Theory	Economic integration effects Friction of distance Harmonisation of law Theory of the second best
Regions	Europe Latin America Middle East North America

v t e History of Europe
Prehistory	Paleolithic Europe Neolithic Europe Bronze Age Europe Iron Age Europe
Classical antiquity	Classical Greece Roman Republic Hellenistic period Roman Empire Early Christianity Christianity in late antiquity Crisis of the Third Century Fall of the Western Roman Empire Late antiquity
Middle Ages	Early Middle Ages Migration Period Christianity in the Middle Ages Christianization Francia Anglo-Saxon England Byzantine Empire Papal States Bulgarian Empire First Second Maritime republics Venice Genoa Pisa Amalfi Viking Age Kievan Rus' Crown of Aragon (Aragon, Catalonia, Valencia, Majorca) Holy Roman Empire High Middle Ages Republic of Florence Feudalism Crusades Mongol invasion Serbian Empire Late Middle Ages Black Death Hundred Years' War Kalmar Union
Modern period	Renaissance Early modern Christianity in the modern era Reformation Age of Discovery Baroque Grand Duchy of Tuscany Thirty Years' War Absolute monarchy Ottoman Empire Portuguese Empire Spanish Empire Early modern France Polish–Lithuanian Commonwealth Cossack Hetmanate Swedish Empire Dutch Republic British Empire Habsburg monarchy Russian Empire Age of Enlightenment Great Divergence Industrial Revolution French Revolution Napoleonic Wars Nationalism Revolutions of 1848 World War I Russian Revolution Interwar period World War II Cold War European integration European debt crisis COVID-19 pandemic Russian invasion of Ukraine
See also	Art of Europe Bibliography of European history Genetic history of Europe History of Christianity History of the Mediterranean region History of the European Union History of Western civilization Maritime history of Europe Military history of Europe Crusading movement