analysis of monetary and exchange rate issues in the modern world. Monetary and Exchange Rate Systems will be extremely useful …

in emerging countries, international capital markets and regional currency areas; EMU and the euro; exchange rate regimes … 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 …

paper money inflations -- 5. Characteristics of hyperinflations -- 6. Currency competition, inflation, Gresham's law and … exchange rate -- 7. Ending mild or moderate inflations -- 8. Currency reforms ending hyperinflations …

This book combines currency matters with competitiveness considerations, with a view to raising the understanding of …pt. 1. How currency and competitiveness contribute to growth and stability -- pt. 2. Understanding exchange rates -- pt …

Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization …

arrangements within which the euro should be embedded. They demonstrate that these would have the benefits of a single currency …The authors offer a sustained argument that the single currency as currently implemented does not promise to deliver … prolonged growth. They contend that the economic impact of the euro, and its accompanying institutions, is likely to be …

Schumpeter to be rediscovered? / Peter Mooslechner -- The impact of the euro on investment : sectoral evidence / Tomas Dvorak … integration of Czech, Hungarian and Polish bond markets with the Euro area bond market : a deja-vu of the Club-Med convergence …

debt, means of hedging a country's debt portfolio against key currency fluctuations, evidence on the debt overhang … considered include New Zealand's experience with a pure float, the use of the theory of optimal currency areas to assess whether … contribution to understanding international monetary problems in the developing world …

to shed new light on the merits of different exchange rate systems. Since the golden age before the First World War, the … the First World War to the present day. They discuss the forces that have brought about change in order to determine how …

for the developing world and the future of the sovereign debt market -- pt. 3. The evolving debate of capital account …