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Does Mercosur Need a Single Currency?

Barry Eichengreen ()

No C98-103, Center for International and Development Economics Research (CIDER) Working Papers from University of California at Berkeley

Abstract: This is the keynote address for the IPEA conference "ALCA and MERCOSUL: The Brazilian Economy and the Processes of Subregional and Hemispheric Integration." It discusses the issue of whether Mercosur needs closer macroeconomic policy harmonization, and in particular an exchange-rate stabilization agreement or even a single currency. The option for monetary union is also considered. Three views are offered on the links between exchange rates and regional integration.

Date: 1998-10-01
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Working Paper: Does Mercosur Need a Single Currency? (2000) Downloads
Working Paper: Does Mercosur Need a Single Currency? (1998) Downloads
Working Paper: Does Mercosur Need a Single Currency (1998) Downloads
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