New Issues in Regional Monetary Coordination - Understanding North-South and South-South Arrangements

Informationen zum Autor PETER BOFINGER Professor of Monetary Policy and International Economics, Julius-Maximilians University Würzburg, GermanyFERNANDO CARDIM DE CARVALHO Professor of Economics, Institute of Economics, Federal University of Rio de Janeiro, BrazilHERIBERT DIETER Senior Research Associate, German Institute for International Affairs, GermanyHEINER FLAßBECK Officer-in-Charge, Division on Globalization and Development Strategies, UNCTAD, GermanyDIRK F. KOHNERT Deputy Director, Institute of African Affairs, GermanyJAN KREGEL Chief, Policy Analysis and Development Branch, United Nations Financing for Development, USAMANFRED NITSCH Professor of Political Economy, Latin American Institute, Freie Universität, GermanyPETER NUNNENKAMP Senior Research Fellow, Kiel Institute for World Economics, GermanyUGO PANIZZA Economist, Research Department, Inter-American Development Bank, USABEATE RESZAT Senior Economist, Hamburg Institute of International Economics, GermanyWALTRAUD SCHELKLE Lecturer in Political Economy, European Institute, London School of Economics, UKJAN SUCHANEK Economist and Journalist, Germany Klappentext This book argues for a new conceptual framework that analytically distinguishes between North-South monetary co-ordination, which involves an international key currency, and South-South arrangements between economies all marked by external indebtedness and the resulting macroeconomic instabilities ('original sin'). In this light, the book analyzes different types of monetary co-ordination, ranging from ad hoc exchange rate policy agreements to projects of a common supranational currency, and it examines selected regional cases in Eastern Europe, North and South America, Africa and Asia. Zusammenfassung This book argues for a new conceptual framework that analytically distinguishes between North-South monetary co-ordination, which involves an international key currency, and South-South arrangements between economies all marked by external indebtedness and the resulting macroeconomic instabilities ('original sin'). In this light, the book analyzes different types of monetary co-ordination, ranging from ad hoc exchange rate policy agreements to projects of a common supranational currency, and it examines selected regional cases in Eastern Europe, North and South America, Africa and Asia. Inhaltsverzeichnis List of Figures and Tables Notes on the Contributors Preface PART 1: DEBTOR ECONOMIES AND PERSPECTIVES FOR REGIONAL MONETARY COORDINATION Monetary Coordination involving Developing Countries: The Need for a New Conceptual Framework; B.Fritz & M.Metzger 'Original Sin' and Monetary Cooperation; U.Panizza Comment on ' 'Original Sin' and Monetary Cooperation' by Ugo Panizza; W.Schelkle Chances and Limits of South-South Monetary Coordination; J.Kregel Comment on 'Chances and Limits of South-South Monetary Coordination' by Jan Kregel; P.Nunnenkamp Exchange Rate Management in Developing Countries: The Need for a Multilateral Solution; H.Flaßbeck PART 2: CASES OF REGIONAL MONETARY COORDINATION Exchange Rate Policies and Institutional Arrangements in the Transition Process to European Monetary Union; P.Bofinger Perspectives for a Monetary Union between Argentina and Brazil; F.C.de Carvalho Comment on 'Perspectives for a Monetary Union between Argentina and Brazil' by F. Cardim de Carvalho; M.Nitsch So Far from God and So Close to the US Dollar: Contrasting Approaches of Monetary Coordination in Latin America; B.Fritz The Common Monetary Area in Southern Africa: A Typical South-South Coordination Project?; M.Metzger The CFA-Zone: A Positive Example of Monetary Coordination?; J.Suchanek Comment on 'The Common Monetary Area' by Martina Metzger and 'The CFA-Zone' by Jan Suchanek; D.F.Kohnert The Advancement of Monetary Regionalism in East Asia; H.Dieter Comment on 'The Advancement of Monetary Regionalism in East Asia' by Heribert Dieter; B.Reszat Index...

List of contents

List of Figures and Tables Notes on the Contributors Preface PART 1: DEBTOR ECONOMIES AND PERSPECTIVES FOR REGIONAL MONETARY COORDINATION Monetary Coordination involving Developing Countries: The Need for a New Conceptual Framework; B.Fritz & M.Metzger 'Original Sin' and Monetary Cooperation; U.Panizza Comment on ' 'Original Sin' and Monetary Cooperation' by Ugo Panizza; W.Schelkle Chances and Limits of South-South Monetary Coordination; J.Kregel Comment on 'Chances and Limits of South-South Monetary Coordination' by Jan Kregel; P.Nunnenkamp Exchange Rate Management in Developing Countries: The Need for a Multilateral Solution; H.Flaßbeck PART 2: CASES OF REGIONAL MONETARY COORDINATION Exchange Rate Policies and Institutional Arrangements in the Transition Process to European Monetary Union; P.Bofinger Perspectives for a Monetary Union between Argentina and Brazil; F.C.de Carvalho Comment on 'Perspectives for a Monetary Union between Argentina and Brazil' by F. Cardim de Carvalho; M.Nitsch So Far from God and So Close to the US Dollar: Contrasting Approaches of Monetary Coordination in Latin America; B.Fritz The Common Monetary Area in Southern Africa: A Typical South-South Coordination Project?; M.Metzger The CFA-Zone: A Positive Example of Monetary Coordination?; J.Suchanek Comment on 'The Common Monetary Area' by Martina Metzger and 'The CFA-Zone' by Jan Suchanek; D.F.Kohnert The Advancement of Monetary Regionalism in East Asia; H.Dieter Comment on 'The Advancement of Monetary Regionalism in East Asia' by Heribert Dieter; B.Reszat Index

Product details

• Authors: B. Fritz, Martina Metzger
• Assisted by: Fritz (Editor), B Fritz (Editor), B. Fritz (Editor), Barbara Fritz (Editor), M. Metzger (Editor), Martina Metzger (Editor)
• Publisher: Palgrave UK
• Languages: English
• Product format: Hardback
• Released: 29.11.2005
• EAN: 9781403996220
• ISBN: 978-1-4039-9622-0
• No. of pages: 240
• Subject: Social sciences, law, business > Business > International economy