Integration and Stabilization: A Monetary View - Hardcover

George Macesich

 
9780275952426: Integration and Stabilization: A Monetary View

Synopsis

This study argues that owing to the wide diversity of nations, their often conflicting policies, and insistence on preserving their sovereignty, the processes of worldwide integration are facilitated by tying these countries together in a system of flexible exchange rates externally, while putting in place a rules-oriented monetary regime internally. The examination of the various issues involved in such an arrangement focuses on money and monetary policy drawing on historical, theoretical, philosophical, and empirical results.

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About the Author

GEORGE MACESICH is Professor of Economics at Florida State University. He is the author of several books, including The United States in the Changing Global Economy: Policy Implications and Issues (Praeger, 1997) and World Economy at the Crossroads (Praeger, 1997).

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