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Integration and Stabilization: A Monetary View

Integration and Stabilization: A Monetary View

Hardcover

EconomicsInvesting & Finance

ISBN10: 0275952428
ISBN13: 9780275952426
Publisher: Praeger
Published: Jun 18 1996
Pages: 152
Weight: 0.70
Height: 0.66 Width: 6.42 Depth: 9.62
Language: English
This study argues that owing to the wide diversity of nations, their often conflicting policies, and insistence on preserving their sovereignty, the processes of worldwide integration are facilitated by tying these countries together in a system of flexible exchange rates externally, while putting in place a rules-oriented monetary regime internally. The examination of the various issues involved in such an arrangement focuses on money and monetary policy drawing on historical, theoretical, philosophical, and empirical results.

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Economics