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portada Monetary Unions and Hard Pegs: Effects on Trade, Financial Development, and Stability
Type
Physical Book
Year
2004
Language
English
Pages
400
Format
Hardcover
ISBN
0199271402
ISBN13
9780199271405
Edition No.
1

Monetary Unions and Hard Pegs: Effects on Trade, Financial Development, and Stability

George Von Furstenberg (Author) · Oxford University Press · Hardcover

Monetary Unions and Hard Pegs: Effects on Trade, Financial Development, and Stability - George Von Furstenberg

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Synopsis "Monetary Unions and Hard Pegs: Effects on Trade, Financial Development, and Stability"

This book analyzes formal approaches to overcoming monetary divisions within countries and within integrating regions, focusing on the consequences of monetary union for trade among union members and their financial development and stability. The authors discuss hard pegs such as those attempted by the currency board of Argentina, outright dollarization, such as in Ecuador, and multilateral monetary union, as in Europe, the least reversible form of monetary union and the most powerful elixir of financial integration and trade.

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