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The Political and Economic Dimension of Monetary Unions
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Journal Article
The Political and Economic Dimension of Monetary Unions
2011
Overview
This paper investigates the relationship between the political and economic aspects of monetary unions. After illustrating the recent change in approach to the theory of optimum currency areas (section
2
), the paper analyzes the momentous implications of union members maintaining political sovereignty (section
3
) for the notion of currency area optimality and the viability of monetary unions (section
4
).
Publisher
Springer US,Springer Science + Business Media B.V,Springer Nature B.V
Subject
