Eco-currency: Proposition of a monetary policy design for a unitary currency program of a frailty economic zone

Emmanuel Senzu

MPRA Paper from University Library of Munich, Germany

Abstract: The desire to rule a system has never been the interest of a contemporary civilize man rather than to successfully govern. The discoverable tool of a modern man as the greatest invention, to centrally manage a complex market system, dynamically evolving in it, the interaction process of agents, has been a quality policy design and application, which is often guided by an advanced theoretical inductive inference, deduce from historic experience in a framework of assumptions relating to a working system. The constructive foundation of this paper does appreciate the fact that in the practice of policy for unitary currency program involving sovereign nations, is not entirely new epistemology in the field of monetary economics, however, this very study is a complete unique in its deduction because it involves fragile economies managing soft currencies against hard currency economies, to promote sustainable growth, and compel for a competitive development using natural rate of interest as a policy sign-post.

Keywords: Monetary economics; policy; Eco-currency; Kalman Filter; Wicksellian; Fragile economy (search for similar items in EconPapers)
JEL-codes: E42 E43 E44 E47 E52 (search for similar items in EconPapers)
Date: 2021-02-01
New Economics Papers: this item is included in nep-mac and nep-mon
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https://mpra.ub.uni-muenchen.de/108527/1/MPRA_paper_108527.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/111565/1/MPRA_paper_111565.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/111566/1/MPRA_paper_111565.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/113289/1/MPRA_paper_113289.pdf revised version (application/pdf)

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