Purpose This study aims to evaluate the role of the prevailing currency systems in achieving (or departing from) the …. Design/methodology/approach After documenting historical developments in currency systems, the study reviews the Islamic … perspective on the matter. Features of an ideal currency system are listed and then a critical evaluation of existing currency …

following euroization. The case for currency union is weak for Montenegro and appears to be defensible only on grounds of policy …

disadvantages in a sovereign currency acting as the world currency. First, the existing model of the single world currency is unfair …, with the country whose sovereign currency functions as the world currency able to obtain huge international seigniorage and … international inflation tax. Second, this single world currency model is unstable. The premise behind the functioning of an …

This research aims to analyze the feasibility of implementing single currency policy in ASEAN+3 countries such as … regression model and Moving Average forecasting method to predict optimum currency area indices of ASEAN+3 in the period of 2018 … to 2022. The results showed that (1) ASEAN+3 region is not ready to implement single currency policy because of an …