Currency Stability and Economic Growth

Author: Zhang Ming
Publisher:
Publish Date: 2004-07-01
Features: Guided by Nobel laureate Robert A. Mundell and Paul J., Monetary Stability and Economic Growth offers a unique perspective: how economists analyze the monetary management of the United States, Latin America, Europe, and Japan, as well as how they describe monetary stability reforms. Their vivid discussions provide answers to the following questions: How does monetary stability affect economic growth? How can countries best achieve monetary union? When should monetary union be implemented? What kind of "anchor" is most effective for monetary stability? How will the euro affect financial markets and the international monetary system? Is international monetary reform feasible? How should it be implemented? The book also examines the mechanisms linking monetary policy (including foreign exchange systems and the international monetary system) to economic performance, and explores the ways in which countries can stimulate economic growth. This intense debate among top economists, along with the insightful commentary by the editors, makes the book even more engaging and captivating. It will spark strong interest among students, teachers, researchers, and economists.