Monetary Union Proposals in North America and Southern Africa: Do the Same Q&A Apply?

Monetary Union Proposals in North America and Southern Africa: Do the Same Q&A Apply?

Monetary unions are hotly debated in contemporary economics. Unlike many issues in the discipline where the consensus is overwhelmingly on one side (e.g., that there are gains from trade), there is no consensus about the net benefit of monetary union. The debate over whether or not Canada should see...

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Bibliographische Detailangaben
1. Verfasser: Leith, J. Clark
Format: Buchkapitel
Sprache:eng
Schlagworte:
Common Currency
European Monetary Union
Exchange Rate
Monetary Policy
Monetary Union
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Zusammenfassung:Monetary unions are hotly debated in contemporary economics. Unlike many issues in the discipline where the consensus is overwhelmingly on one side (e.g., that there are gains from trade), there is no consensus about the net benefit of monetary union. The debate over whether or not Canada should seek to join in creating a North American Monetary Union (NAMU) aptly illustrates the absence of consensus. David Laidler has been the front and the centre in that debate.1
DOI:10.1057/9780230274303_8