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| Title Details: | |
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The International Monetary System |
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| Authors: |
Koutentakis, Fragkiskos Koukouritakis, Minos |
| Reviewer: |
Papadopoulos, Athanasios |
| Subject: | LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS > GENERAL AGGREGATIVE MODELS LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS > LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS > MONETARY POLICY, CENTRAL BANKING, AND THE SUPPLY OF MONEY AND CREDIT LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS > MACROECONOMIC POLICY, MACROECONOMIC ASPECTS OF PUBLIC FINANCE, AND GENERAL OUTLOOK LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > INTERNATIONAL ECONOMICS > INTERNATIONAL FINANCE |
| Description: | |
| Abstract: |
The last chapter describes the evolution of the international monetary system from a historical perspective. Initially, the Gold Standard and the Bretton-Woods systems of fixed exchange rates are presented, followed by modern system of flexible exchange rates. Then, it presents the theory of Optimal Currency Area (which is the theoretical background for the single currency), the Werner project and the ‘Snake’ agreement, the European Monetary System and the course towards the Economic and Monetary Union.
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| Type: |
Chapter |
| Creation Date: | 10-11-2015 |
| Item Details: | |
| License: |
Attribution – NonCommercial – NoDerivatives 4.0 International (CC BY-NC-ND 4.0) |
| Handle | http://hdl.handle.net/11419/303 |
| Bibliographic Reference: | Koutentakis, F., & Koukouritakis, M. (2015). The International Monetary System [Chapter]. In Koutentakis, F., & Koukouritakis, M. 2015. International Macroeconomics [Undergraduate textbook]. Kallipos, Open Academic Editions. https://hdl.handle.net/11419/303 |
| Language: |
Greek |
| Is Part of: |
International Macroeconomics |
| Publication Origin: |
Kallipos, Open Academic Editions |