Year: 2007
Type: article
Abstract: This paper demonstrates that trade regionalization has important monetary and exchange rate implications. It goes on and argues that EU increased importance in the monetary field following the euro’s introduction and the anticipated development of its international role may contain the hazard of confrontation between the major blocks and therefore lead to a system less stable than a unpopular system. Appropriate arrangements for cooperation between the poles will be crucial to the stability of the system.
Source: OAR@UM (University of Malta)
Author: Eleftherios Thalassinos
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2435964480