ENGLISH

Dollarization: Lessons from Europe for the America (Routledge International Studies in Money and Banking, 22)

By Louis-Phillipe Rochon; Mario Seccareccia

Book information

Year
2003
ISBN
9780203987742, 9780415298780, 0415298784
LCC
HG925 .D64 2003
Open Library ID
OL22531289M
Language
english
Format
PDF
Filesize
647 kB (662848 bytes)
Edition
1
Pages
192\193
Topic
Education
Scanned
yes
Time added
2011-06-04 13:46:07

Description

The use of the US dollar for domestic monetary transactions outside the USA has gone on for many years now - Panama in 1904 being the earliest example. Since the advent of the Euro, the debate over the benefits of monetary integration has warmed up - particularly for NAFTA countries.This collection, with contributions from experts such as Philip Arestis, Malcolm Sawyer and Stephanie Bell, examines the various problems and benefits involved in monetary integration and covers the causes of Euro instability, monetary policy in non-optimal currency unions, financial openness and dollarization and the question of dollarization in Canada.This book addresses one of the burning policy issues in Europe and America: is monetary union worthwhile? The readable yet comprehensive style of this book will make it of interest not only to academics and students involved in European integration, financial liberalization and dollarization, but will also be an important book for policy-makers at intergovernmental level.

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