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The Economics of Common Currencies : Proceedings of the Madrid Conference on Optimum Currency Areas

By: (Edited by) Alexander Swoboda , (Edited by) Harry Johnson

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Ksh 30,600.00

Format: Hardback or Cased Book

ISBN-10: 0415832551

ISBN-13: 9780415832557

Series: Collected Works of Harry G. Johnson

Publisher: Taylor & Francis Ltd

Imprint: Routledge

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Mar 15th, 2013

Print length: 302 Pages

Weight: 2,444 grams

Dimensions (height x width x thickness): 24.30 x 17.40 x 9.10 cms

Product Classification: Economic theory & philosophy
Monetary economics
Banking

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Gathering together the papers presented at the Madrid Conference on Optimum Currency Areas in 1970 this volume represents one of the first complete surveys of the theory and policy implication of monetary integration. The book discusses:

  • the economics of fixed exchange rates relevant to monetary relations within an integrated monetary area

  • the evolution of economic doctrine and a survey of optimum currency area theory

  • problems of policy co-ordination within a currency area

  • relevance of the monetary-fiscal policy mix

  • problems of monetary union in developing countries

  • the book predicted the establishment of an European currency but presented the case for greater flexibility of exchange rates as an alternative to currency unification.

Gathering together the papers presented at the Madrid Conference on Optimum Currency Areas in 1970 this volume represents one of the first complete surveys of the theory and policy implication of monetary integration. The book discusses:

  • the economics of fixed exchange rates relevant to monetary relations within an integrated monetary area

  • the evolution of economic doctrine and a survey of optimum currency area theory

  • problems of policy co-ordination within a currency area

  • relevance of the monetary-fiscal policy mix

  • problems of monetary union in developing countries

  • the book predicted the establishment of an European currency but presented the case for greater flexibility of exchange rates as an alternative to currency unification.

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