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

Fritz, B.; Metzger, Martina

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.

Details

Published by: Palgrave Macmillan

Publication Date: 2006-01-01

Format: Paperback

ISBN-13: 9781349545254

DOI: 10.1057/9780230502444

Dimensions: 216cm x140cm

Pages: 230