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"Paul Bowles provides an innovative and systematic analysis of the implications of theories of globalization for national currencies. He critically examines whether, as a result, the world is heading for fewer currencies. He argues that the main "force of globalization" which is endangering...
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inflations -- Characteristics of hyperinflations -- Currency competition, inflation, Gresham's Law and exchange rate -- Ending … mild or moderate inflations -- Currency reforms ending hyperinflations -- Forces establishing, maintaining and eroding …
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