Optimum Currency Areas:New Analytical and Policy Developments
Author： Mr. Leonardo Leiderman Mr. Mario I. Bléjer Mr. David M. Cheney Mr. Jacob A. Frenkel Assaf Razin
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 1997
E-ISBN: 9781455254743
P-ISBN(Paperback): 9781557756527
Subject： F821.0 monetary policy
Language： ENG
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Description
Robert Mundell's pioneering theory of optimum currency areas is revisited, with experts from the IMF, the BIS, the European Investment Bank, academia, European think tanks, and the Bank of Israel looking at its current practical applications, especially in the context of the forthcoming European Economic and Monetary Union (EMU). Robert Mundell himself offers an update to help in assessing the implications and consequences of EMU.