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Regional Monetary Integration

Name: Regional Monetary Integration
Brand: Cambridge University Press
SKU: 02047768
Price: 65.72 EUR
Availability: InStock
Author: Peter B. KenenEllen E. Meade
ISBN: 9780521862509

Peter B. KenenEllen E. Meade

Language

English

Book Hardback

Libristo code: 02047768

Publishers Cambridge University Press, December 2007

This book surveys the prospects for regional monetary integration in various parts of the world. Beg... Full description

Libristo code: 02047768

159 b

65.72 €

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This book surveys the prospects for regional monetary integration in various parts of the world. Beginning with a brief review of the theory of optimal currency areas, it goes on to examine the structure and functioning of the European Monetary Union, then turns to the prospects for monetary integration elsewhere in the world - North America, South America, and East Asia. Such cooperation may take the form of full-fledged monetary unions or looser forms of monetary cooperation. The book emphasizes the economic and institutional requirements for successful monetary integration, including the need for a single central bank in the case of a full-fledged monetary union, and the corresponding need for multinational institutions to safeguard its independence and assure its accountability. The book concludes with a chapter on the implications of monetary integration for the United States and the US dollar.