UID:
edocfu_9958373070602883
Format:
1 online resource (xix, 298 p.) :
,
ill.
ISBN:
9781847200259 (e-book)
Content:
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.
Note:
pt. 1. European monetary union -- pt. 2. Dollarization in North America? -- pt. 3. Emerging markets and the financial architecture -- pt. 4. Final reflections.
Additional Edition:
ISBN 9781843768968 (hardback)
Additional Edition:
ISBN 1843768968
Language:
English
Keywords:
Electronic books.
URL:
https://www.elgaronline.com/view/1843768968.xml
