
Regional Monetary Integration
Cambridge University Press
Published on 26. November 2007
Book
Paperback/Softback
248 pages
978-0-521-71150-0 (ISBN)
Description
This book surveys the prospects for regional monetary integration in various parts of the world. Beginning with a brief review of the theory of optimal currency areas, it goes on to examine the structure and functioning of the European Monetary Union, then turns to the prospects for monetary integration elsewhere in the world - North America, South America, and East Asia. Such cooperation may take the form of full-fledged monetary unions or looser forms of monetary cooperation. The book emphasizes the economic and institutional requirements for successful monetary integration, including the need for a single central bank in the case of a full-fledged monetary union, and the corresponding need for multinational institutions to safeguard its independence and assure its accountability. The book concludes with a chapter on the implications of monetary integration for the United States and the US dollar.
More details
Language
English
Place of publication
Cambridge
United Kingdom
Target group
College/higher education
Professional and scholarly
Product notice
Paperback (trade)
Illustrations
10 Tables, unspecified
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 15 mm
Weight
408 gr
ISBN-13
978-0-521-71150-0 (9780521711500)
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Schweitzer Classification
Other editions
Additional editions

Peter B. Kenen | Ellen E. Meade
Regional Monetary Integration
E-Book
05/2009
1st Edition
Cambridge University Press
€26.49
Available for download

Peter B. Kenen | Ellen E. Meade
Regional Monetary Integration
Book
12/2007
Cambridge University Press
€58.28
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Persons
Peter B. Kenen is Senior Fellow in International Economics at the Council on Foreign Relations and Walker Professor of Economics and Finance, Emeritus, at Princeton University. Professor Kenen's publications include The International Economy (2000, Cambridge University Press), Economic and Monetary Union in Europe (1995, Cambridge University Press), The International Financial Architecture, and International Economic and Financial Integration. He was a member of President Kennedy's Task Force on Foreign Economic Policy and the Economic Advisory Panel of the Federal Reserve Bank of New York. Professor Kenen has served as consultant to the Council of Economic Advisers, the Office of Management and Budget, the Federal Reserve, the US Treasury, and the International Monetary Fund. Ellen E. Meade is Associate Professor in the Department of Economics at American University. She was Guest Scholar at The Brookings Institution (2004-5), Senior Research Fellow at London School of Economics (2001-4), Senior Economist for the Council of Economic Advisors (1994-5), and Senior Economist, Federal Reserve Board of Governors (1984-99). Professor Meade has published in the Journal of Economic Perspectives and the Journal of Economic Literature, among others, and has taught economics courses in the central banks of Syria and Bosnia/Herzegovina.
Author
Princeton University, New Jersey
American University, Washington DC
Content
1. Introduction; 2. The forms, costs, and benefits of currency consolidation; 3. The European Monetary Union; 4. Monetary arrangements and economic performance; 5. Monetary union in the Americas?; 6. Monetary integration in East Asia; 7. The outlook and implications for the United States.