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Monetary integration and dollarization : no panacea / edited by Matias Vernengo

Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Edward Elgar E-Book ArchivePublisher: Cheltenham, U.K ; Northampton, Mass : Edward Elgar, 2005Description: 1 Online-Ressource (xix, 298 p) : illISBN:
  • 9781847200259
Subject(s): Genre/Form: Additional physical formats: 1843768968 | 9781843768968 (hardback) | Erscheint auch als: 9781843768968 (hardback) Druck-Ausgabe | Erscheint auch als: Monetary integration and dollarization. Druck-Ausgabe. Cheltenham [u.a.] : Elgar, 2006. XIX, 298 S.DDC classification:
  • 332.4/564 22
RVK: RVK: QM 333LOC classification:
  • HG1496
DOI: DOI: 10.4337/9781847200259Online resources: Summary: 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 bestSummary: pt. 1. European monetary union -- pt. 2. Dollarization in North America? -- pt. 3. Emerging markets and the financial architecture -- pt. 4. Final reflectionsPPN: PPN: 1023433176Package identifier: Produktsigel: ZDB-1-EWE
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