English, Article, Journal or magazine article edition: Regional currencies and regional monetary zones in Latin America : what prospects ? Jean-François Ponsot; Claude Gnos

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Bookmark: http://trove.nla.gov.au/version/168765
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Regional currencies and regional monetary zones in Latin America : what prospects ?
Author
  • Jean-François Ponsot
  • Claude Gnos
Physical Description
  • preprint
Notes
  • This paper aims at drawing lessons from Keynes's plan presented at the Bretton Woods conference, in order to help improving current regional monetary agreements in Latin America. Some promoters of the Bank of the South and the New Financial Architecture in Latin America are proposing to implement a regional clearing system designed to allow a multilateral offsetting of the liabilities and assets generated in the reciprocal transactions of member countries in words that the British economist certainly would not have denied. This system would be very different from current regional payments aggreements that maintain an implicit reference to the US dollar as reserve or payment currency.
  • regional monetary zone ; monetary agreements ; Latin America
  • RePEc:hal:journl:halshs-00402275_v1
Language
  • English
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