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Prerequisites for creating a monetary union in UNASUR

Prerequisites for creating a monetary union in UNASUR

A discussion on the basis of the optimum currency area theory

AV Akademikerverlag ( 19.05.2015 )

€ 39,90

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In view of the creation of the Union of South American Nations (UNASUR) and the Banco del Sur, this book analyses whether the UNASUR members fulfil the preconditions to form a stable monetary union. Based on a model developed by Bayoumi and Eichengreen, it constructs an optimum currency area (OCA) index vis-à-vis Brazil. In comparison to the European Monetary Union, it then assesses which countries of UNASUR have been converging towards a South American monetary union to draw implications for policy making.

Buch Details:

ISBN-13:

978-3-639-84145-9

ISBN-10:

363984145X

EAN:

9783639841459

Buchsprache:

English

von (Autor):

Lina Behrens

Seitenanzahl:

96

Veröffentlicht am:

19.05.2015

Kategorie:

Geld, Bank, Börse