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| c305d49 | As we know, integrationists saw EMU as a decisive step toward European unification, while different national leaders had different, but in each case political, reasons for supporting it. In contrast, most 'neo-liberal', or simply old-fashioned liberal, economists - from Milton Friedman to Martin Feldstein, from Kenneth Rogoff to Paul Krugman and the majority of German economists - opposed the idea of a centralized monetary policy for struct.. | Giandomenico Majone |