New Issues in Regional Monetary Coordination

Understanding North-South and South-South Arrangements
2006. Auflage 2006
ISBN: 978-1-349-54525-4
Verlag: Palgrave MacMillan UK

Buch, Englisch, 230 Seiten, Format (B × H): 140 mm x 216 mm, Gewicht: 295 g

This book argues for a new conceptual framework that analytically distinguishes between North-South monetary co-ordination, which involves an international key currency, and South-South arrangements between economies all marked by external indebtedness and the resulting macroeconomic instabilities ('original sin'). In this light, the book analyzes different types of monetary co-ordination, ranging from ad hoc exchange rate policy agreements to projects of a common supranational currency, and it examines selected regional cases in Eastern Europe, North and South America, Africa and Asia.

Zielgruppe

Research

Autoren/Hrsg.

Metzger, Martina

Fritz, B.

Inhaltsverzeichnis

List of Figures and Tables Notes on the Contributors Preface PART 1: DEBTOR ECONOMIES AND PERSPECTIVES FOR REGIONAL MONETARY COORDINATION Monetary Coordination involving Developing Countries: The Need for a New Conceptual Framework; B.Fritz & M.Metzger 'Original Sin' and Monetary Cooperation; U.Panizza Comment on ' 'Original Sin' and Monetary Cooperation' by Ugo Panizza; W.Schelkle Chances and Limits of South-South Monetary Coordination; J.Kregel Comment on 'Chances and Limits of South-South Monetary Coordination' by Jan Kregel; P.Nunnenkamp Exchange Rate Management in Developing Countries: The Need for a Multilateral Solution; H.Flaßbeck PART 2: CASES OF REGIONAL MONETARY COORDINATION Exchange Rate Policies and Institutional Arrangements in the Transition Process to European Monetary Union; P.Bofinger Perspectives for a Monetary Union between Argentina and Brazil; F.C.de Carvalho Comment on 'Perspectives for a Monetary Union between Argentina and Brazil' by F. Cardim de Carvalho; M.Nitsch So Far from God and So Close to the US Dollar: Contrasting Approaches of Monetary Coordination in Latin America; B.Fritz The Common Monetary Area in Southern Africa: A Typical South-South Coordination Project?; M.Metzger The CFA-Zone: A Positive Example of Monetary Coordination?; J.Suchanek Comment on 'The Common Monetary Area' by Martina Metzger and 'The CFA-Zone' by Jan Suchanek; D.F.Kohnert The Advancement of Monetary Regionalism in East Asia; H.Dieter Comment on 'The Advancement of Monetary Regionalism in East Asia' by Heribert Dieter; B.Reszat Index

Über Autor(innen)

PETER BOFINGER Professor of Monetary Policy and International Economics, Julius-Maximilians University Würzburg, Germany
FERNANDO CARDIM DE CARVALHO Professor of Economics, Institute of Economics, Federal University of Rio de Janeiro, Brazil
HERIBERT DIETER Senior Research Associate, German Institute for International Affairs, Germany
HEINER FLAßBECK Officer-in-Charge, Division on Globalization and Development Strategies, UNCTAD, Germany
DIRK F. KOHNERT Deputy Director, Institute of African Affairs, Germany
JAN KREGEL Chief, Policy Analysis and Development Branch, United Nations Financing for Development, USA
MANFRED NITSCH Professor of Political Economy, Latin American Institute, Freie Universität, Germany
PETER NUNNENKAMP Senior Research Fellow, Kiel Institute for World Economics, Germany
UGO PANIZZA Economist, Research Department, Inter-American Development Bank, USA
BEATE RESZAT Senior Economist, Hamburg Institute of International Economics, Germany
WALTRAUD SCHELKLE Lecturer in Political Economy, European Institute, London School of Economics, UK
JAN SUCHANEK Economist and Journalist, Germany