Your Waterstones card is changing, introducing...
TELL ME MORE
Monetary Integration and Dollarization: No Panacea (Hardback)
  • Monetary Integration and Dollarization: No Panacea (Hardback)
zoom

Monetary Integration and Dollarization: No Panacea (Hardback)

(editor)
£97.00
Hardback 320 Pages / Published: 25/05/2006
  • We can order this

Usually despatched within 3 weeks

  • This item has been added to your basket
This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly, the book argues, the main advantage of monetary integration in the OCA context is the reduction of transaction costs, yet the validity of OCA to analyze processes of monetary integration seems to be limited at best. The contributors in this volume try to go beyond the OCA model and understand the political economy of monetary integration by comparing the European Monetary Union with the dollarization (formal and informal) process in Latin America. The contributors, many of whom are leading lights, reflect the disagreements and the changing views on the proper monetary arrangements in a globalized world and suggest that monetary integration and dollarization are not the solution for the great majority of countries around the world. Monetary Integration and Dollarization brings together mainstream and heterodox views of monetary integration and uses the European and North American experiences as a guide for the discussion of dollarization in developing countries. It will appeal to scholars, researchers and policy makers in the fields of financial and international economics.

Publisher: Edward Elgar Publishing Ltd
ISBN: 9781843768968
Number of pages: 320
Dimensions: 156 x 234 mm

You may also be interested in...

Economies of Recycling
Added to basket
Degrowth
Added to basket
£26.99
Paperback
The Skeptical Environmentalist
Added to basket
Planetary Economics
Added to basket
The Third Industrial Revolution
Added to basket
Chasing Rainbows
Added to basket
£8.99
Paperback
The Economics of Climate Change
Added to basket
Capitalism in the Web of Life
Added to basket
The Age of Sustainable Development
Added to basket
Water 4.0
Added to basket
£12.99
Paperback
Energy Poverty
Added to basket
£83.00
Hardback
Meat
Added to basket
£19.95
Paperback
Cities for a Small Country
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.