Monetary unions and hard pegs : effects on trade, financial development, and stability /

Financial services with global reach are becoming ever more important in the conduct and organization of the trade and investment of nations, and currencies that lack international standing lose out in this business. The result of financial development has been destabilizing currency and portfolio s...

Ausführliche Beschreibung

Gespeichert in:
Hauptverfasser:
Von Furstenberg, George M., Alexander, Volbert., Melitz, Jacques.
Weitere Verfasser:
Von Furstenberg, George M., Alexander, Volbert, Melitz, Jacques
Format:
Elektronisch E-Book
Sprache:
Englisch
Veröffentlicht:
Oxford ; New York : Oxford University Press, 2004.
Zusammenfassung:
Financial services with global reach are becoming ever more important in the conduct and organization of the trade and investment of nations, and currencies that lack international standing lose out in this business. The result of financial development has been destabilizing currency and portfolio substitution -- in favour of international currencies and against local ones.This book analyses formal approaches to overcoming monetary divisions within countries and within integrating regions, focusing on the consequences of monetary union for trade among union members and their financial developm
Umfang:
1 online resource (399 p.)
Anmerkungen:
Description based upon print version of record.
Anmerkungen:
English
Bibliografie:
Includes bibliographical references and indexes.
ISBN:
0-19-153387-4
9786611930684
1-281-93068-7
Schlagworte:
Bezugswerke:
Links: