New Issues in Regional Monetary Coordination: Understanding North-South and South-South Arrangements - Paperback

by B. Fritz (Editor), Martina Metzger (Author)

This book argues for a new conceptual framework that analytically distinguishes between North-South monetary co-ordination, which involves an international key currency, and South-South arrangements between economies all marked by external indebtedness and the resulting macroeconomic instabilities ('original sin'). In this light, the book analyzes different types of monetary co-ordination, ranging from ad hoc exchange rate policy agreements to projects of a common supranational currency, and it examines selected regional cases in Eastern Europe, North and South America, Africa and Asia.

Author Biography

PETER BOFINGER Professor of Monetary Policy and International Economics, Julius-Maximilians University Würzburg, Germany FERNANDO CARDIM DE CARVALHO Professor of Economics, Institute of Economics, Federal University of Rio de Janeiro, Brazil HERIBERT DIETER Senior Research Associate, German Institute for International Affairs, Germany HEINER FLAßBECK Officer-in-Charge, Division on Globalization and Development Strategies, UNCTAD, Germany DIRK F. KOHNERT Deputy Director, Institute of African Affairs, Germany JAN KREGEL Chief, Policy Analysis and Development Branch, United Nations Financing for Development, USA MANFRED NITSCH Professor of Political Economy, Latin American Institute, Freie Universität, Germany PETER NUNNENKAMP Senior Research Fellow, Kiel Institute for World Economics, Germany UGO PANIZZA Economist, Research Department, Inter-American Development Bank, USA BEATE RESZAT Senior Economist, Hamburg Institute of International Economics, Germany WALTRAUD SCHELKLE Lecturer in Political Economy, European Institute, London School of Economics, UK JAN SUCHANEK Economist and Journalist, Germany