Prerequisites for creating a monetary union in UNASUR
Lina Behrens
Broschiertes Buch

Prerequisites for creating a monetary union in UNASUR

A discussion on the basis of the optimum currency area theory

Versandkostenfrei!
Versandfertig in 1-2 Wochen
26,99 €
inkl. MwSt.
PAYBACK Punkte
13 °P sammeln!
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.