New Issues in Regional Monetary Coordination E-Book

Martina Metzger

• Herausgeber: Palgrave Macmillan UK
• Kategorie: Fachliteratur
• Sprache: Englisch
• Veröffentlichungsjahr: 2005

Beschreibung

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 examines selected regional cases in Eastern Europe, North and South America, Africa and Asia.