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The monetary outlook by 2025 – 2030

Eugen Andreescu
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Eugen Andreescu: Institute of World Economy

Romanian Economic Business Review, 2006, vol. 1, issue 2, 63-68

Abstract: The globalization and the worldwide regionalization phenomena which also bring about a simplification of the usages, the rules, the instruments, the legislation as well as that of the behaviour of states and economic agents could not leave untouched the currencies of the more than 200 independent countries, although the minting of such currencies has always been the „royal” prerogative and the very symbol of the sovereignity of a state. Already the great number of currencies that exist throughout the world imply additional costs for the international business people and for the investors, but also for the central banks of those states that are confronted with major monetary crisis.

Keywords: globalization; regionalization; currency; monetary system (search for similar items in EconPapers)
Date: 2006
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Handle: RePEc:rau:journl:v:1:y:2006:i:1:p:63-68