Monetary Plurality in Local, Regional and Global Economies (Hardcover)

The idea that each country should have one currency is so deeply rooted in people's minds that the possibility of multiple and concurrent currencies seems unthinkable. Monetary systems contribute to problems of high unemployment and social distress during financial and economic crisis, so reforms to increase the responsiveness and flexibility of the monetary system can be part of the solution. This book discusses 'monetary plurality', which is the circulation of several currencies at the same time and space. It addresses how multiple currency circuits work together and transform socio-economic systems, particularly by supporting economies at the local level of regions and cities. The book shows that monetary plurality has been ubiquitous throughout history and persists at present because the existence of several currency circuits facilitates small-scale production and trade in a way that no single currency can accomplish on its own. Monetary plurality can improve resilience, access to livelihoods and economic sustainability. At the same time, it introduces new risks in terms of economic governance, so it needs to be properly understood. The book analyses experiences of monetary plurality in Europe, Japan, and North and South America, written by researchers from East and West and from the global North and South. Replete with case studies, this book will prove a valuable addition to any student or practitioner's bookshelf.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Financial History
Release date:	August 2018
First published:	2017
Editors:	Georgina M. Gomez
Dimensions:	234 x 156 x 25mm (L x W x T)
Format:	Hardcover
Pages:	292
ISBN-13:	978-1-138-28028-1
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Business & Economics > Economics > Political economy Books > Business & Economics > Business & management > International business Books > Business & Economics > Business & management > Business strategy Books > Business & Economics > Economics > Macroeconomics > Monetary economics Books > Business & Economics > Economics > International economics > International finance Books > Business & Economics > Finance & accounting > Accounting > Management accounting Books > Business & Economics > Finance & accounting > Finance > Credit & credit institutions Books > Business & Economics > Industry & industrial studies > Service industries > Financial services industry Books > Business & Economics > Finance & accounting > Finance > Investment & securities > General Books > Money & Finance > Credit & credit institutions Books > Money & Finance > Investment & securities > General
LSN:	1-138-28028-3
Barcode:	9781138280281

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