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Currency Areas, Exchange Rate Systems and International Monetary Reform

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Abstract

I. Introduction II. The Pre-Eminence of the Dollar III. The Fate of the Gold Standard IV. Currency Areas and Currency Unions V. The Importance of Monetary Rules VI. Monetary Arrangements in Free Trade Areas and Customs Unions VII. Central Banks, Dollarization and the Maastricht Conditions VIII. Exchange Rate Volatility and Internal vs. External Stability IX. Towards a World Currency

Suggested Citation

  • Robert Mundell, 2000. "Currency Areas, Exchange Rate Systems and International Monetary Reform," Journal of Applied Economics, Universidad del CEMA, vol. 3, pages 217-256, November.
    • Handle: RePEc:cem:jaecon:v:3:y:2000:n:2:p:217-256
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    References listed on IDEAS

    as
    1. Robert A. Mundell, 2000. "A Reconsideration of the Twentieth Century," American Economic Review, American Economic Association, vol. 90(3), pages 327-340, June.
    2. Mundell, Robert A., 1995. "The international monetary system: The missing factor," Journal of Policy Modeling, Elsevier, vol. 17(5), pages 479-492, October.
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    More about this item

    Keywords

    power configuration; currency areas; monetary rules; financial integration; world currency;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative

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