Monetary integration and dollarization : no panacea

edited by Matias Vernengo

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

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Year of publication:	2005
Other Persons:	Vernengo, Matias (contributor)
Institutions:	Edward Elgar Publishing (contributor)
Publisher:	Cheltenham, U.K : Edward Elgar
Subject:	Globalisierung \| Globalization \| Wirtschaftsintegration \| Economic integration \| Währungsunion \| Monetary union \| Geldpolitik \| Monetary policy \| Wechselkurspolitik \| Exchange rate policy \| Eurozone \| Euro area \| Währungssubstitution \| Currency substitution \| Schwellenländer \| Emerging economies \| Welt \| World \| USMCA-Staaten \| USMCA countries \| EU-Staaten \| EU countries \| Nordamerikanische Freihandelszone \| Wirtschaftliche Integration \| Internationale Kapitalbewegung \| Währungspolitik \| US-Dollar
Description of contents:	pt. 1. European monetary union -- pt. 2. Dollarization in North America? -- pt. 3. Emerging markets and the financial architecture -- pt. 4. Final reflections Table of Contents [external.dandelon.com]

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Extent:	1 Online-Ressource (xix, 298 p) ill
Series:	Edward Elgar E-Book Archive
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Aufsatzsammlung
Language:	English
Notes:	Includes bibliographical references and index
ISBN:	978-1-84720-025-9 ; 1-84376-896-8 ; 9781843768968 (hardback)
Other identifiers:	10.4337/9781847200259 [DOI]
Classification:	Außenwirtschaft: Allgemeines ; Internationale Wirtschaftsorganisationen ; Währung
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011850704