The Illusion of Monetary Sovereignty

Péter Ákos Bod

Chapter 3 in International Debt, 2013, pp 109-126 from Palgrave Macmillan

Abstract: Abstract In our modern age, most economies are open—if economic and financial openness is defined as exposure to cross-border flows of goods, services, labor and financial funds. Openness has become the normal state of contemporary market-based economies: they are organically engaged in foreign trade, and are parties to international conventions and organizations as a matter of fact. Some states are even members of trade and monetary blocs.

Keywords: Member State; Gross Domestic Product; Monetary Policy; Euro Area; Foreign Currency (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-03057-3_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137030573

DOI: 10.1057/9781137030573_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().