currency area

The crisis is taken as evidence that the euro area is so far from being an optimal currency area that it is doomed.

The 17 member states of the single-currency area would be able to borrow in bonds issued by a European debt agency.

The "optimality of a currency area" is not a given or static state of affairs.

The euro never fully met the conditions needed for it to be an optimal currency area.

eliminate uncertainty, they say, even if that means tossing some countries out of the single currency area.

In a 1961 paper Mr Mundell had pioneered the theory of an "optimal currency area" , a territory suited to adopting a common monetary policy.

If you recall, this benighted agreement was the euro zone's sole defense against charges of being a suboptimal currency area.

participator in regional currency and finance cooperation, China should adopt active, flexible policies to support regional currency area.

With the odds of recession rising fast across the single-currency area, there is an urgent need for lower rates.

the second part introduces East Asian monetary cooperation's theoretical foundation-the best currency area theory, and have been reviewed.

Price pressures were also muted, highlighting the marked slowdown in inflationary pressures in the currency area's industrial sector.

Having completed its first 10 years, the young, growing but imperfect currency area will start its second decade with plenty of challenges.

I would prefer to say "sustainable" currency area, but let that pass.

He shows conclusively that the eurozone is far from an optimum currency area.

Prices within a particular currency area can rise only when that particular currency is inflated.

Saving the euro is about much more than the optimal design of a currency area.

And there could be consequences far beyond the currency area's borders.

That would move the common currency area into external surplus from the broad balance it maintains today.

Third, more members in the currency area meant more seats at the table, rendering decision-making about enforcing criteria more difficult.

Such transfers wouldn't solve a growing problem that threatens the cohesion of the currency area -- economic divergence.

The European Central Bank faces the difficult task of running monetary policy over an unwieldy currency area.

The Theory of Optimum Currency Area: Can Explain the Monetary Cooperation in East Asia?

Lastly, it will examine the ideathatinthelonger terra multinational currency area will require greater political uniontofunction properly.

So relax. The problems of being a suboptimal currency area would never arise.

Recent surveys show that businesses in the 13-nation euro currency area are becoming sharply more downbeat .

First the eurozone is not an optimal currency area.

Many of the fundamental problems the currency area faces have long been recognized, and not just by its critics.

Europe's situation is particularly tricky, because the euro zone is not an optimal currency area.

For the currency area as a whole, GDP expanded by just 0. 2%.

So what is it that the rest of the world wants from the currency area?

The Optimum Currency Area Is Infeasible to Build up in Eastern Asia

Viewing the Difficult Points of Currencies Cooperation in East Asia Nowaday According to the Theory of Optimal Currency Area

Synthesis and development of the theories and practices of the common currency area

New classical economic analysis on optimal currency area

theory of optimum currency area

Review of Recent Research on Optimum Currency Area

A review of optimum currency area theory