ISBN:
9781847200259
Language:
English
Pages:
1 Online-Ressource (xix, 298 p)
,
ill
Series Statement:
Edward Elgar E-Book Archive
Parallel Title:
Available in another form
Parallel Title:
Erscheint auch als Monetary integration and dollarization
DDC:
332.4/564
Keywords:
Globalisierung
;
Wirtschaftsintegration
;
Währungsunion
;
Geldpolitik
;
Wechselkurspolitik
;
Eurozone
;
Währungssubstitution
;
Schwellenländer
;
Welt
;
USMCA-Staaten
;
EU-Staaten
;
Dollarization
;
Foreign exchange
;
Monetary policy
;
Currency question
;
Dollar, American
;
Electronic books
;
Europe Economic integration
;
Aufsatzsammlung
;
Nordamerikanische Freihandelszone
;
Wirtschaftliche Integration
;
Internationale Kapitalbewegung
;
Währungspolitik
;
Währungssubstitution
;
US-Dollar
Abstract:
This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly, the book argues, the main advantage of monetary integration in the OCA context is the reduction of transaction costs, yet the validity of OCA to analyze processes of monetary integration seems to be limited at best
Abstract:
pt. 1. European monetary union -- pt. 2. Dollarization in North America? -- pt. 3. Emerging markets and the financial architecture -- pt. 4. Final reflections
Note:
Includes bibliographical references and index
DOI:
10.4337/9781847200259
URL:
Volltext
(Deutschlandweit zugänglich)
URL:
Deutschlandweit zugänglich
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