Abstract
Back in 1985, the European Community (EC) designated 1993 as the start of a new trading system in Europe — the Single European Market (SEM) — characterised by free trade, capital mobility and free movement of persons. In December 1991, the EC went farther and agreed the Treaty of Maastricht, which “resolved to establish an economic and monetary union including a single and stable currency”. However, the expected smooth course of the Maastricht Treaty to ratification in all 12 EC countries during 1992, to take effect from January 1993, was derailed by the Danish people’s rejection of the Treaty in June 1992.
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© 1993 Springer Science+Business Media Dordrecht
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Bishop, G. (1993). Retirement savings of Western Europe: the motor for deepening integration in a wider Europe of the regions?. In: Fair, D.E., Raymond, R.J. (eds) The New Europe: Evolving Economic and Financial Systems in East and West. Financial and Monetary Policy Studies, vol 26. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1741-8_26
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DOI: https://doi.org/10.1007/978-94-011-1741-8_26
Publisher Name: Springer, Dordrecht
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