Genesis of Currency Areas: Retrospective Analysis
H. Valiullin
Voprosy Ekonomiki, 2008, issue 11
Abstract:
The article presents a retrospective analysis of modern currency areas’ historical prototypes that have existed since the Ancient times. The analysis allows reveal some objective reasons of those prototypes’ genesis and common features of their functioning. The results of research confirm that this evolution had primarily economic origins and reveal both the increasing complexity of currency unit and the enhancing territorial scale of currency areas.
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2008:id:1376
DOI: 10.32609/0042-8736-2008-11-136-149
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