Regional currency areas in financial globalization

This book is an up-to-date, authoritative and comprehensive analysis of the key issues and challenges facing regional currency area projects in the context of financial globalization. The authors focus on several central issues that emerged during the experiences of the 1990s and 2000s: exchange-rate regimes and optimal currency area theory; exchange-rate regimes in emerging countries, international capital markets and regional currency areas; EMU and the euro; exchange-rate regimes in Central and Eastern Europe; Asia and Latin America; dollarization and the coordination of macroeconomic polic