Overview
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.
This book title, The Economics of Common Currencies (Proceedings of the Madrid Conference on Optimum Currency Areas) - 9781032029580, ISBN: 9781032029580, by Harry Johnson, Alexander Swoboda, published by Taylor & Francis (August 26, 2022) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.
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