The Political and Economic Dimension of Monetary Unions

被引:0
|
作者
Filippo Cesarano
机构
[1] Servizio Studi,Banca d’Italia
来源
Open Economies Review | 2011年 / 22卷
关键词
Optimum currency areas; Monetary unions; International adjustment; F33; F36; F41;
D O I
暂无
中图分类号
学科分类号
摘要
This paper investigates the relationship between the political and economic aspects of monetary unions. After illustrating the recent change in approach to the theory of optimum currency areas (section 2), the paper analyzes the momentous implications of union members maintaining political sovereignty (section 3) for the notion of currency area optimality and the viability of monetary unions (section 4).
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页码:985 / 996
页数:11
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