Playing monopoly with the devil dollarization and domestic currencies in developing countries - Hinds, Manuel; ebrary, Inc. (New Haven : Yale University Press, 2006)
The standard of value and the reversed liquidity trap -- The unfulfilled promises in the financial system -- The unfulfilled promises in trade and growth -- The costs of stability -- Missing financial globalization -- The financial risks of monetary regimes -- The currency origins of financial crises -- The myth of the lender of last resort -- The solution of crises and the aftermath -- The counterfactuals -- The conventional optimal currency area theory -- Toward a redefinition of an optimal currency area.
"A Council on Foreign Relations book."
Includes bibliographical references (p. 245-248) and index.
Electronic reproduction.
Keywords: Money -- Developing countries; Currency question -- Developing countries; Monetary policy -- Developing countries; Electronic books