One World, One Currency: Exploring the Issues.

Along with globalization of trade and finance has come a certain globalization of money. Some countries have adopted monetary unions and currency boards; others increasingly use international currencies in place of national monies. This article explores the idea of a global money—framed here as a vo...

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Publicado en:Contemporary Economic Policy Vol. 24; no. 4; pp. 618 - 634
Autor principal: Starr, Martha A.
Formato: Artículo
Publicado: Wiley-Blackwell October 2006
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Acceso en línea:Ver este registro en EBSCOhost
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        atl: One World, One Currency: Exploring the Issues.
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        au: Starr, Martha A.
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        Money
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          Money
          International competition
      ab: Along with globalization of trade and finance has come a certain globalization of money. Some countries have adopted monetary unions and currency boards; others increasingly use international currencies in place of national monies. This article explores the idea of a global money—framed here as a voluntary, representative arrangement based on accepted principles for optimal conduct monetary policy. It argues that if the current pace of economic and financial integration continues, a global money may emerge that is better adapted to internationalization of production and exchange—although such a change may be a long time in coming. (JEL F330, F360, E420) Reprinted by permission of the publisher.
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