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Currency Areas, Exchange Rate Systems and International Monetary Reform

Robert Mundell

Journal of Applied Economics, 2000, vol. 3, 217-256

Abstract: I. Introduction II. The Pre-Eminence of the Dollar III. The Fate of the Gold Standard IV. Currency Areas and Currency Unions V. The Importance of Monetary Rules VI. Monetary Arrangements in Free Trade Areas and Customs Unions VII. Central Banks, Dollarization and the Maastricht Conditions VIII. Exchange Rate Volatility and Internal vs. External Stability IX. Towards a World Currency

Keywords: power configuration; currency areas; monetary rules; financial integration; world currency (search for similar items in EconPapers)
JEL-codes: E52 F33 N10 (search for similar items in EconPapers)
Date: 2000
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