Chapter 1 in Advancing Regional Monetary Cooperation, 2014, pp 1-13 from Palgrave Macmillan
Abstract The eurozone crisis that began in 2010 may be considered the end of the idea of regional integration. Likewise, the eurozone crisis may be regarded as precisely the reason to enhance regional monetary integration in order to shield against volatility in international financial markets and such crises as the global financial crisis of 2008/2009. Broadly speaking, one may ask whether developing countries1 and emerging markets should refrain from monetary integration initiatives, in particular since their financial market and macroeconomic conditions are comparatively fragile.
Keywords: Exchange Rate; Monetary Policy; Financial Market; Exchange Rate Volatility; Exchange Rate Movement (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-1-137-42721-2_1
Ordering information: This item can be ordered from
Access Statistics for this chapter
More chapters in Studies in Economic Transition from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().