New Issues in Regional Monetary Coordination: Understanding North-South and South-South Arrangements

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 (...

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Bibliographic Details
Other Authors: Fritz, Barbara (Editor), Metzger, Martina (Editor)
Format: Electronic eBook
Language:English
Published: London Palgrave Macmillan UK 2006
Subjects:
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Summary: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
Physical Description:1 Online-Ressource (XIX, 230 Seiten)
ISBN:9780230502444
DOI:10.1057/9780230502444

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