The Economics of Common Currencies (Collected Works of Harry Johnson)

Proceedings of the Madrid Conference on Optimum Currency Areas

Business & Finance, Economics, Money & Monetary Policy, Theory of Economics, Economic History
Cover of the book The Economics of Common Currencies (Collected Works of Harry Johnson) by , Taylor and Francis
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Author: ISBN: 9781135055257
Publisher: Taylor and Francis Publication: July 18, 2013
Imprint: Routledge Language: English
Author:
ISBN: 9781135055257
Publisher: Taylor and Francis
Publication: July 18, 2013
Imprint: Routledge
Language: English

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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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:

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