IDEAS home Printed from https://ideas.repec.org/p/hal/spmain/hal-03460682.html
   My bibliography  Save this paper

De la monnaie cosmopolitique

Author

Listed:
  • Maxime Parodi

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

Une monnaie cosmopolitique est une monnaie unique à plusieurs nations et fondée explicitement sur une forme de co-souveraineté. Une telle monnaie n'est possible qu'en acceptant une politique monétaire et des politiques budgétaires et fiscales fondées sur des raisons partagées, où chacun est responsable des engagements monétaires qu'il prend et coresponsable de la capacité de chacun à mener une politique économique adéquate. Pour durer, cette monnaie exige une attention soutenue sur les divergences macroéconomiques entre les partenaires et les difficultés que rencontre chacun ; elle impose une concertation ouverte sur les raisons de ces divergences et de ces difficultés ; elle nécessite une force de propositions sur les remèdes possibles, à court, moyen et long terme ; enfin, elle exige la coopération volontaire de chacun, à condition toutefois d'en avoir la capacité. Une telle coopération monétaire repose sur une union cosmopolitique, qui est comme une société toujours en train de se faire mais jamais achevée entre des partenaires conservant leur souveraineté. Une telle union n'écrit pas de contrat social ; elle ne promulgue pas nécessairement de lois ou de traités pour résoudre ses problèmes, même lorsqu'elle est convaincue de la nécessité d'une réponse collective au problème. Face à certains problèmes hautement conflictuels, il n'y aura ainsi pas d'autre choix que d'en passer par le jugement commun des gouvernements co-souverains. Dans ce cas, la seule garantie que peuvent espérer obtenir les partenaires de l'union, c'est que le jugement commun traduira le mieux possible l'esprit de l'union, la volonté de continuer à faire le chemin ensemble.

Suggested Citation

  • Maxime Parodi, 2013. "De la monnaie cosmopolitique," SciencePo Working papers Main hal-03460682, HAL.
  • Handle: RePEc:hal:spmain:hal-03460682
    DOI: 10.3917/reof.131.0019
    Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-03460682
    as

    Download full text from publisher

    File URL: https://hal-sciencespo.archives-ouvertes.fr/hal-03460682/document
    Download Restriction: no

    File URL: https://libkey.io/10.3917/reof.131.0019?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Michael D. Bordo & Harold James, 2008. "A Long Term Perspective on the Euro," NBER Working Papers 13815, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Maxime Parodi, 2013. "De la monnaie cosmopolitique," Documents de Travail de l'OFCE 2013-09, Observatoire Francais des Conjonctures Economiques (OFCE).
    2. Armin Steinbach, 2015. "The Mutualisation of Sovereign Debt: Comparing the American Past and the European Present," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2015_02, Max Planck Institute for Research on Collective Goods.
    3. Etienne Farvaque & Norimichi Matsueda, 2009. "Monetary Unions and External Shocks," Economics Bulletin, AccessEcon, vol. 29(2), pages 1483-1491.
    4. Alistair K. L. Milne, 2011. "Limited Liability Government Debt for the Eurozone -super-†," CESifo Economic Studies, CESifo Group, vol. 57(1), pages 44-78, March.
    5. Andrzej Wojtyna, 2008. "Polityka pieniężna w strefie euro: dawne obawy, nowe wyzwania," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 11-12, pages 1-20.
    6. A. Malliaris & Mary Malliaris, 2013. "Are oil, gold and the euro inter-related? Time series and neural network analysis," Review of Quantitative Finance and Accounting, Springer, vol. 40(1), pages 1-14, January.
    7. repec:spo:wpmain:info:hdl:2441/f6h8764enu2lskk9p50c4i5qm is not listed on IDEAS
    8. Maxime Parodi, 2013. "De la monnaie cosmopolitique," Post-Print hal-03460682, HAL.
    9. Agata Osinska & Grzegorz Tchorek, 2010. "Financial Crisis And Changes In The International Monetary System. Implications For Euro," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 5(2), pages 9-19, December.
    10. Maxime Parodi, 2013. "De la monnaie cosmopolitique," Working Papers hal-01070448, HAL.
    11. repec:hal:spmain:info:hdl:2441/6o65lgig8d0qcro9p14hpcga0 is not listed on IDEAS
    12. Mihai Rebiga, 2010. "Is Romania Ready for Adopting Euro?," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 15.
    13. repec:hal:wpspec:info:hdl:2441/f6h8764enu2lskk9p50c4i5qm is not listed on IDEAS
    14. repec:hal:spmain:info:hdl:2441/f6h8764enu2lskk9p50c4i5qm is not listed on IDEAS
    15. Armin Steinbach, 2015. "The Mutualization of Sovereign Debt: Comparing the American Past and the European Present," Journal of Common Market Studies, Wiley Blackwell, vol. 53(5), pages 1110-1125, September.
    16. repec:spo:wpmain:info:hdl:2441/6o65lgig8d0qcro9p14hpcga0 is not listed on IDEAS
    17. Maxime Parodi, 2013. "De la monnaie cosmopolitique," SciencePo Working papers Main hal-01070448, HAL.
    18. repec:spo:wpecon:info:hdl:2441/f6h8764enu2lskk9p50c4i5qm is not listed on IDEAS
    19. Rockoff, Hugh & White, Eugene N., 2012. "Monetary Regimes and Policy on a Global Scale: The Oeuvre of Michael D. Bordo," MPRA Paper 49672, University Library of Munich, Germany, revised May 2013.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:spmain:hal-03460682. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Contact - Sciences Po Departement of Economics (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.