New Issues in Regional Monetary Coordination
by:
Fritz Leiber (author)
This book argues for a new conceptual framework that analytically distinguishes between North-South monetary co-ordination, which involves an international key currency, and South-South arrangements between economies all marked by external indebtedness and the resulting macroeconomic...
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This book argues for a new conceptual framework that analytically distinguishes between North-South monetary co-ordination, which involves an international key currency, and South-South arrangements between economies all marked by external indebtedness and the resulting macroeconomic instabilities ('original sin'). In this light, the book analyzes different types of monetary co-ordination, ranging from ad hoc exchange rate policy agreements to projects of a common supranational currency, and it e..xamines selected regional cases in Eastern Europe, North and South America, Africa and Asia.
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ISBN:
9781403996220
Publish date: 2005
Publisher: Palgrave Macmillan
Edition language: Polski