Monetary union in South America lessons from EMU
pt. 1. Lessons from the Euro and EMU for MERCOSUR -- pt. 2. MERCOSUR macroeconomic policy co-ordination -- pt. 3. Exchange rate regimes and monetary dilemmas for MERCOSUR
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Format: | eBook |
Language: | English |
Published: |
Cheltenham
Edward Elgar Pub
2003
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Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
Summary: | pt. 1. Lessons from the Euro and EMU for MERCOSUR -- pt. 2. MERCOSUR macroeconomic policy co-ordination -- pt. 3. Exchange rate regimes and monetary dilemmas for MERCOSUR This book discusses the future of MERCOSUR, focusing on monetary union and macroeconomic policy co-ordination, and addresses a number of important questions including: is it possible, or even desirable, to achieve monetary integration?; what would the pre-conditions be for establishing such a union?; what would the convergence criteria be for joining the monetary union?; and what are the expected economic consequences for the member countries? These questions are all addressed with particular reference to the experience of EMU and the lessons which can be learnt by MERCOSUR countries, in terms of the difficult transitions they may have to face |
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Physical Description: | xii, 185 p ill |
ISBN: | 1843760576 9781843760573 9781781009642 |