75 Mr. McGinley asked the Minister for Finance if his attention has been drawn to a report (details supplied) which suggests that peripheral EC countries will suffer most from Economic and Monetary Union because of their greater vulnerability to region-specific economic events to which exchange rate adjustments would have provided a remedy in the absence of Economic and Monetary Union; if he has carried out any analysis or quantification of the vulnerability of Ireland to such shocks; and if he will make a statement on the matter.

Summary

75 Mr. McGinley asked the Minister for Finance if his attention has been drawn to a report (details supplied) which suggests that peripheral EC countries will suffer most from Economic and Monetary Union because of their greater vulnerability to region-specific economic events to which exchange rate adjustments would have provided a remedy in the absence of Economic and Monetary Union; if he has carried out any analysis or quantification of the vulnerability of Ireland to such shocks; and if he will make a statement on the matter.

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• Ceisteanna—Questions. Oral Answers. - Economic and Monetary Union.

  xml · EN · 12 December 1991

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