New Issues in Regional Monetary Coordination : Understanding North-South and South-South Arrangements /

This book argues for a new conceptual framework that analytically distinguishes between North-South monetary co-ordination, which involves an international key currency, and South-South arrangements between economies all marked by external indebtedness and the resulting macroeconomic instabilities (...

Full description

Bibliographic Details
Corporate Author: SpringerLink (Online service)
Other Authors: Fritz, Barbara (Editor), Metzger, Martina (Editor)
Format: eBook
Language:English
Published: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2006.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:This book argues for a new conceptual framework that analytically distinguishes between North-South monetary co-ordination, which involves an international key currency, and South-South arrangements between economies all marked by external indebtedness and the resulting macroeconomic instabilities ('original sin'). In this light, the book analyzes different types of monetary co-ordination, ranging from ad hoc exchange rate policy agreements to projects of a common supranational currency, and it examines selected regional cases in Eastern Europe, North and South America, Africa and Asia.
Item Description:Electronic resource.
Physical Description:1 online resource (XIX, 230 pages)
ISBN:9780230502444
DOI:10.1057/9780230502444