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This book is an up-to-date, authoritative and comprehensive
analysis of the key issues and challenges facing regional currency
area projects in the context of financial globalization. The
authors focus on several central issues that emerged during the
experiences of the 1990s and 2000s: exchange-rate regimes and
optimal currency area theory; exchange-rate regimes in emerging
countries, international capital markets and regional currency
areas; EMU and the euro; exchange-rate regimes in Central and
Eastern Europe; Asia and Latin America; dollarization and the
coordination of macroeconomic policies in the presence of regional
currency areas. Regional Currency Areas in Financial Globalization
will have wide appeal to scholars and researchers of money and
finance, and international economics, as well as economists working
in international financial institutions or development banks, and
bankers.
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