Multi-country issues There is no need to tell a European that the issues are just as rich when we get to the interactions. The ECB has successfully brought about what is probably the largest currency union in the history of the world. Those of you from Europe see, and fight about, any unresolved issues daily.
But there are some questions that strike this overseas observer as eminently interesting, and eminently researchable. 1. Benefits and costs of a currency union. The 12 ECB countries that have formed a currency union have seemed to be relatively forwardlooking, anticipating new problems and not looking back at old ones.