Best Seller International currency competition and the future role of the single European currency
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International currency competition and the future role of the single European currency
By:Niels Thygesen
Published on 1995 by Kluwer Law Intl

This report--prepared For The ECU Institute by a group of eight economists from universities, private financial institutions, central banks and international institutions, all participating in a strictly private capacity--is an effort to Understand The factors that determine the international use of currencies, The present use of the world's major currencies, And The probable implications For The International Monetary System of the setting up in Europe of an Economic and Monetary Union (EMU) having a single currency (the ECU). The book shows that the EMU will greatly modify the design of the International Monetary System. By encouraging the development of a second key international currency that may challenge the dollar, it may transform the current system to a bipolar regime. By introducing a new, big player into the system, it may also increase the interest of the main participants in international coordination.
This Book was ranked at 19 by Google Books for keyword Currency.
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