Monetary Union Proposals in North America and Southern Africa: Do the Same Q&A Apply?

James Leith ()

Chapter 8 in Canadian Policy Debates and Case Studies in Honour of David Laidler, 2010, pp 215-230 from Palgrave Macmillan

Abstract: Abstract Monetary unions are hotly debated in contemporary economics. Unlike many issues in the discipline where the consensus is overwhelmingly on one side (e.g., that there are gains from trade), there is no consensus about the net benefit of monetary union. The debate over whether or not Canada should seek to join in creating a North American Monetary Union (NAMU) aptly illustrates the absence of consensus. David Laidler has been the front and the centre in that debate.1

Keywords: Exchange Rate; Monetary Policy; Monetary Union; European Monetary Union; Common Currency (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-27430-3_8

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DOI: 10.1057/9780230274303_8

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