English, Article, Journal or magazine article edition: Common currency and economic integration in mercosur HOLLAND, Márcio; LUIZ CARLOS, BRESSER-PEREIRA

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/80402
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Common currency and economic integration in mercosur
Author
  • HOLLAND, Márcio
  • LUIZ CARLOS, BRESSER-PEREIRA
Physical Description
  • preprint
Notes
  • Latin America has a long history of attempts to achieve regional integration, yetsuccess has been modest. This paper contends that this is essentially due not so much toprotectionist practices in the various countries, but to the lack of a common currency, or, atleast, of a tightly managed exchange rate band. We reviewed the optimum currency areacriteria that indicate it is prudent to increase economic integration before attempting toestablish exchange rates coordination. Yet, we show that in the Mercosul there are already theminimal requirements to work on this direction. Diminishing exchange rate instability couldencourage trade and investment flows across Latin American economies. We also performed asimplified exercise to understand how feasible would be the efforts to achieve exchange rateparity stability in the two larger economies in the region (Brazil and Argentina) and stepforward toward adopting a common currency.
  • RePEc:fgv:eesptd:190
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment