Skip to main content Accessibility help
×
Home
  • Print publication year: 2007
  • Online publication date: January 2010

References

References
Adams, Timothy D. (2006), “Remarks at the World Economic Forum – East Asia; Panel on Asia's Financial Integration.” Washington, DC: U.S. Treasury.
Ahearne, Alan, and Pisani-Ferry, Jean (2006), “The Euro: Only for the Agile,” Policy Brief 1. Brussels: Bruegel.
Al-Bassam, Khalid (2003), “The Gulf Cooperation Council Monetary Union: A Bahraini Perspective,” in Hawkins, J. and Masson, P., eds., Regional Currency Areas and the Use of Foreign Currencies, Paper 17. Basel: Bank for International Settlements.
Alesina, Alberto, and Barro, Robert J. (2002), “Currency Unions,” Quarterly Journal of Economics, CXVII, pp. 409–36.
Alesina, Alberto, Robert J. Barro, and Silvana Tenreyro (2003), “Optimal Currency Areas,” in Gertler, M. and Rogoff, K., eds., NBER Macroeconomics Annual 2002. Cambridge, MA: MIT Press, pp. 301–45.
Al-Falasi, Mohammed Ali Bin Zayed (2003), “Concrete Steps Towards the Establishment of a Monetary Union for the Gulf Cooperation Council Countries,” in Hawkins, J. and Masson, P., eds., Regional Currency Areas and the Use of Foreign Currencies, Paper 17. Basel: Bank for International Settlements.
Al-Jasser, Muhammad, and Abdulrahman Al-Hamidy (2003), “A Common Currency Area for the Gulf Region,” in Hawkins, J. and Masson, P., eds., Regional Currency Areas and the Use of Foreign Currencies, Paper 17. Basel: Bank for International Settlements.
Allington, Nigel F. B., Kattuman, Paul A., and Waldmann, Florian A. (2005), “One Market, One Money, One Price?” International Journal of Central Banking, 1, pp. 73–115.
Amano, Robert, and Norden, Simon (1995), “Terms of Trade and Real Exchange Rates: The Canadian Evidence,” Journal of International Money and Finance, 14, pp. 83–104.
Amyx, Jennifer (2005), “What Motivates Regional Financial Cooperation in East Asia Today?” Asia Pacific Issues, 76. Honolulu: East-West Center.
Andrews, David M. (2003), “The Committee of Central Bank Governors as a Source of Rules,” Journal of European Public Policy, X, pp. 956–73.
Angeloni, Ignazio (2004), “Unilateral and Multilateral Currency Unions: Thoughts from an European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here) Perspective,” in Alexander, V., Mélitz, J., and Furstenberg, G. M., eds., Monetary Unions and Hard Pegs. Oxford: Oxford University Press, pp. 41–49.
Angeloni, Ignazio, and Ehrmann, Michael (2003), “Monetary Transmission in the Euro Area: Early Evidence,” Economic Policy, XXXVII, pp. 469–501.
Angeloni, Ignazio, and Michael Ehrmann (2004), “Euro Area Inflation Differentials,” Working Paper 388. Frankfurt: European Central Bank.
Angeloni, Ignazio, Anil K. Kashyap, Benoît Mojon, and Daniele Terlizzese (2003a), “Monetary Transmission in the Euro Area: Does the Interest Rate Channel Explain All?” Working Paper 9984. Cambridge, MA: National Bureau of Economic Research.
Angeloni, Ignazio, Anil K. Kashyap, Benoît Mojon, and Daniele Terlizzese (2003b), “The Output Composition Puzzle: A Difference in the Monetary Transmission Mechanism in the Euro Area and U.S.” Working Paper 9985. Cambridge, MA: National Bureau of Economic Research.
Arroyo, Heliodoro Temprano (2002), “Latin America's Integration Processes in Light of the European Union's Experience with European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here),” Economic Papers 173. Brussels: European Commission.
Asian Development Bank (2002a), “Study on Monetary and Financial Cooperation in East Asia (Summary Report).” Paper Prepared for the Kobe Research Project Sponsored by the ASEM (Asia-Europe Meeting) of Finance Ministers.
Asian Development Bank (2002b), “A Regional Early Warning System Prototype for East Asia.” Paper Prepared for the Kobe Research Project Sponsored by the ASEM (Asia-Europe Meeting) of Finance Ministers.
Associated Press (2006), “Chávez Marks Mercosur Entry With Summit,” July 5.
Baele, Lieven, Annalisa Ferrando, Peter Hördahl, Elizaveta Krylova, and Cyril Monnet (2004), “Measuring Financial Integration in the Euro Area,” Occasional Paper 14. Frankfurt: European Central Bank.
Bailliu, Jeannine, Lafrance, Robert, and Jean-François Perrault, (2003), “Does Exchange Rate Policy Matter for Growth,” International Finance, 6, pp. 381–414.
Baliño, Tomás J. T., and Enoch, Charles (1997), Currency Board Arrangements: Issues and Experiences, Occasional Paper 151. Washington, DC: International Monetary Fund.
Baliño, Tomás J. T., Bennett, Adam, and Borensztein, Eduardo (1999), Monetary Policy in Dollarized Economies, Occasional Paper 171. Washington, DC: International Monetary Fund.
Bank for International Settlements (2005), “Triennial Central Bank Survey: Foreign Exchange and Derivative Market Activity in 2004.” Basel: Bank for International Settlements.
Barro, Robert J. (1999), “Let the Dollar Reign Supreme from Seattle to Santiago,” The Wall Street Journal, March 8.
Barro, Robert J. (2004), “Currency Unions for the World,” in Asian Development Bank, Monetary and Financial Integration in East Asia: The Way Ahead, vol 2. Basingstoke: Palgrave, pp. 1–47.
Barro, Robert J., and Gordon, David B. (1983), “Rules, Discretion, and Reputation in a Model of Monetary Policy,” Journal of Monetary Economics, XII, pp. 101–121.
Bartolini, Leonardo, and Prati, Alessandro (2003), “The execution of monetary policy: a tale of two central banks,” Economic Policy, XXXVII, pp. 435–67.
Bayoumi, Tamim, and Eichengreen, Barry (1994a), “Monetary and Exchange Rate Arrangements for North American Free Trade Area,” Journal of Development Economics, 43, pp. 125–65.
Bayoumi, Tamim, and Eichengreen, Barry (1994b), “One Money or Many? Analyzing the Prospects for Monetary Unification in Various Parts of the World,” Princeton Studies in International Finance 78. Princeton, NJ: Princeton University International Finance Section.
Bayoumi, Tamim, and Barry Eichengreen (1998), “Exchange Rate Volatility and Intervention: Implications of the Theory of Optimum Currency Areas,” Discussion Paper 1982. London: Centre for Economic Policy Research.
Bayoumi, Tamim, and Barry Eichengreen (1999), “Operationalizing the Theory of Optimum Currency Areas,” in Baldwin, R. E., Cohen, D., Sapir, A., and Venables, A. J., eds., Market Integration, Regionalism, and the Global Economy. Cambridge: Cambridge University Press, pp. 187–216.
Bayoumi, Tamim, and Paolo Mauro (1999), “The Suitability of Association of South East Asian Nations for a Regional Currency Arrangement,” Working Paper 99/162. Washington, DC: International Monetary Fund.
Bayoumi, Tamim, Eichengreen, Barry, and Mauro, Paolo (2000), “On Regional Monetary Arrangements for Association of South East Asian Nations,” Journal of the Japanese and International Economies, 14, pp. 121–48.
Beetsma, Roel M. W. J., and Debrun, Xavier (2004), “Reconciling Stability and Growth: Smart Pacts and Structural Reforms,” International Monetary Fund Staff Papers, 51, pp. 431–56.
Begg, David, Giavazzi, Francesco, Spaventa, Luigi, and Wyplosz, Charles (1991), “European Monetary Union – the Macro Issues,” in Monitoring European Integration: The Making of Monetary Union. London: Centre for Economic Policy Research, pp. 1–66.
Begg, David, Fabio Canova, Paul de Grauwe, Antonio Fatás, and Phillip R. Lane (2002), “Surviving the Slowdown,” Monitoring the European Central Bank 4. London: Centre for Economic Policy Research.
Beine, Michel, and Coulombe, Serge (2003), “Regional Perspectives on Dollarization in Canada,” Journal of Regional Science, 43, pp. 541–69.
Belke, Ansgar, and Daniel Gros (2002), “Monetary Integration in the Southern Cone: Mercosur Is Not Like the European Union?” Working Paper 188. Santiago: Central Bank of Chile.
Berg, Andrew, and Eduardo R. Borensztein (2003), “The Pros and Cons of Full Dollarization,” in Salvatore, D., Dean, J. W., and Willett, T. D., eds., The Dollarization Debate. Oxford: Oxford University Press, pp. 72–101.
Berger, Helge (2002), “The European Central Bank and Euro-Area Enlargement,” Working Paper 02/175. Washington, DC: International Monetary Fund.
Bergsten, C. Fred, and Yung Chul Park (2002), “Toward Creating a Regional Monetary Arrangement in East Asia,” Research Paper 50. Tokyo: Asian Development Bank Institute.
Bhagwati, Jagdish, and Arvin Panagariya (1996), “Preferential Trading Arrangements and Multilateralism: Strangers, Friends or Foes?” Working Paper 22. College Park, MD: University of Maryland Center for International Economics.
Bini Smaghi, Lorenzo, and Silvia Vori (1992), “Rating the European Communities (also used here to denote the European Economic Community, or Common Market, taken by itself) as an Optimal Currency Area,” in Brien, R. O', ed., Finance and the International Economy 6. Oxford: Oxford University Press for the Amex Bank Review, pp. 78–104.
Bird, Graham, and Rajan, Ramkishen S. (2002), “The Evolving East Asian Financial Architecture,” Essays in International Economics 226. Princeton, NJ: Princeton University International Economics Section.
Blanchard, Olivier, Giavazzi, Francesco, and Sa, Filia (2005), “International Investors, the U.S. Current Account, and the Dollar,” Brookings Papers on Economic Activity, 1, pp. 1–49.
Blanchard, Olivier J., and Katz, Lawrence F. (1992), “Regional Evolutions,” Brookings Papers on Economic Activity, 1, pp. 1–75.
Blanchard, Olivier J., and Quah, Danny (1989), “The Dynamic Effects of Aggregate Supply and Demand Disturbances,” American Economic Review, LXXIX, pp. 655–673.
Blinder, Alan, Charles Goodhart, Philip Hildebrand, David Lipton, and Charles Wyplosz (2001), “How Do Central Banks Talk?” Geneva Report on the World Economy IV. London: Centre for Economic Policy Research.
Bogetić, Željko (2000), “Official Dollarization: Current Experiences and Issues,” Cato Journal, 20:2, pp. 179–213.
Bordo, Michael D., and Lars Jonung (2003), “The Future of European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here): What Does the History of Monetary Unions Tell Us?” in Capie, F. H. and Wood, G. E., eds., Monetary Unions: Theory, History, Public Choice. London: Routledge, pp. 42–69.
Boughton, James M. (1993), “The Economics of the Franc of the French colonies of Africa (1945–1958); Franc of the French community of Africa (since 1958) Franc Zone,” in Masson, P. R. and Taylor, M. P., eds., Policy Issues in the Operation of Currency Unions. New York: Cambridge University Press, pp. 96–107.
Brandão de Brito, José (2004), “Monetary Integration in East Asia: An Empirical Approach,” Journal of Economic Integration, 18, pp. 536–67.
Bubula, Andrea, and Inci Ötker-Robe (2002), “The Evolution of Exchange Rate Regimes since 1990: Evidence from De Facto Policies,” Working Paper 02/155. Washington, DC: International Monetary Fund.
Buiter, Willem H. (1999), “The European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here) and the North American Monetary Union: What is the Case for North American Monetary Union?” Canadian Public Policy – Analyse de Politiques, XXV, pp. 285–305.
Buiter, Willem H., Corsetti, Giancarlo, and Roubini, Nouriel (1993), “Excessive deficits: sense and nonsense in the Treaty of Maastricht,” Economic Policy, XVI, pp. 57–100.
“Business and Policy Views on the Monetary Integration of North America” (2003), Thematic Issue, International Management, 8.
Buti, Marco (2006), “Will the New Stability and Growth Pact Succeed? An Economic and Political Perspective,” Economic Papers 241. Brussels: European Commission.
Buti, Marco, Sylvester Eijffinger, and Daniele Franco (2003), “Revisiting the Stability and Growth Pact: Grand Design or Internal Adjustment?” Discussion Papers 3692. London: Centre for Economic Policy Research.
Calvo, Guillermo A. (1999), “On Dollarization.” College Park, MD: University of Maryland, http://www/bsos.umd.edu/econ/ciepn5.pdf.
Calvo, Guillermo A., and Reinhart, Carmen M. (2002), “Fear of Floating,” Quarterly Journal of Economics, CXVII, pp. 379–408.
Carr, Jack, Thomas, J.Courchene, John W.Crow, Herbert Grubel, and Wolf, Bernard (1999), “Round Table on a North American Currency,” Canadian Parliamentary Review, 22:2, pp. 5–13.
Carver, Nick (2006), “Trends in reserve management: 2006 survey results” in RBS Reserve Management Trends 2006. London: Central Banking Publications.
Castellano, Marc (2000), “East Asian Monetary Union: More Than Just Talk?” JEI Report 12.Tokyo: Japan Economic Institute.
Cavoli, Tony, and Rajan, Ramkishen S. (2007), “Managing in the Middle: Characterizing Singapore's Exchange Rate Policy,” Asian Economic Journal (forthcoming).
Cecchetti, Stephen, and Wynne, Mark (2003), “Inflation measurement and the European Central Bank's pursuit of price stability: a first assessment,” Economic Policy, XXXVII, pp. 395– 434.
Chang, Li Lin, and Rajan, Ramkrishen (2001), “The Economics and Politics of Monetary Regionalism in AsiaAssociation of South East Asian Nations Economic Bulletin, 18, pp 103–18.
Chappell, Henry W., Jr., Rob Roy McGregor, and Todd Vermilyea (2006), “Regional Economic Conditions and Monetary Policy” (unpublished manuscript).
Cheung, Yin-Wong, and Jude Yuen (2005), An Output Perspective on a Northeast Asian Currency Union,” in Grauwe, P. and Mélitz, J., eds., Prospects for Monetary Unions after the Euro. Cambridge, MA: MIT Press, pp. 290–317.
Chinn, Menzie, and Jeffrey Frankel (2007), “Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency?” in Clarida, R. H., ed., G7 Current Account Imbalances: Sustainability and Adjustment. Chicago: University of Chicago Press, pp. 283–322.
Chriszt, Michael (2000), “Perspectives on a Potential North American Monetary Union,” Economic Review, 85: 4.Atlanta: Federal Reserve Bank of Atlanta, pp. 29–38.
Clarida, Richard, and Gali, Jordi (1994), “Sources of Real Exchange Rate Fluctuations: How Important Are Nominal Shocks?” Carnegie-Rochester Conference Series on Public Policy, 41, pp. 1–56.
Cohen, Benjamin J. (1993), “Beyond European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here): The Problem of Sustainability,” Economics and Politics, 5, pp. 187–203.
Cohen, Benjamin J. (1998), The Geography of Money. Ithaca, NY: Cornell University Press.
Cohen, Benjamin J. (2003a), “Are Monetary Unions Inevitable?” International Studies Perspectives, 4, pp. 275–92.
Cohen, Benjamin J. (2003b), “Monetary Unions,” EH.Net Encyclopedia, http://eh.net/encyclopedia.
Cohen, Benjamin J. (2004a), The Future of Money. Princeton, NJ: Princeton University Press.
Cohen, Benjamin J. (2004b), “America's Interest in Dollarization,” in Alexander, V., Mélitz, J., and Furtstenberg, G. M., eds., Monetary Unions and Hard Pegs.Oxford: Oxford University Press, pp. 289–301.
Cohen, Benjamin J. (2006), “North American Monetary Union: A United States Perspective,” Current Politics and Economics of Europe 17, pp. 219–39.
Coleman, Andrew (2001), “Three Perspectives on an Australasian Monetary Union.” Conference Volume on Future Directions for Monetary Policy in East Asia. Sydney: Reserve Bank of Australia, pp. 156–88.
Collignon, Stefan, and Schwarzer, Daniela (2003), Private Sector Involvement in the Euro: The Power of Ideas. London and New York: Routledge.
Committee for the Study of Economic and Monetary Union (1989), Report. Luxembourg: Office for Official Publications of the European Communities [cited as Delors Report (1989)].
Cooper, Richard N. (2005), “Living with Global Imbalances: A Contrarian View,” Policy Briefs in International Economics 05-3. Washington, DC: Peterson Institute for International Economics.
Courchene, Thomas J., and Harris, Richard G. (1999), “From Fixing to Monetary Union: Options for North American Currency Integration,” C. D. Howe Institute Commentary 127, Toronto: C. D. Howe Institute.
Courchene, Thomas J., and Richard G. Harris (2003), “North American Currency Integration: A Canadian Perspective,” in Salvatore, D., Dean, J. W., and Willett, T. D., eds., The Dollarization Debate. Oxford: Oxford University Press, pp. 299–317.
Cowan, Kevin, Erwin Hansen, and Luis O. Herrera (2005), “Currency Mismatches, Balance Sheet Effects and Hedging in Chilean Non-Financial Corporations,” in Caballero, R., Calderon, C., and Cespedes, L. F., eds., External Vulnerability and Preventive Policies. Chile: Central Bank of Chile.
Crowe, Christopher, and Meade, Ellen E. (2007), “Central Bank Governance: What Is It and Does It Matter?” Journal of Economic Perspectives (forthcoming).
Cuevas, Alfredo, and Werner, Alejandro (2003), “Mexico's Experience with a Flexible Exchange Rate Regime,” International Management, 8, pp. 29–49.
Da Motta Veiga, Pedro (2004), “Mercado Común del Sur (Common Market of the South): In Search of a New Agenda,” Integration and Trade Paper 6, Washington, DC: Inter-American Development Bank.
Debelle, Guy, and Stanley Fischer (2004), “How Independent Should a Central Bank Be?” in Fuhrer, J. C., ed., Goals, Guidelines, and Constraints for Monetary Policy Makers. Federal Reserve Bank of Boston Conference Series 38, pp. 195–225.
de Brouwer, Gordon (2002), “Does a Formal Common-Basket Peg in East Asia Make Economic Sense?” in Brouwer, G., ed., Financial Markets and Policies in East Asia. London: Routledge, pp. 286–314.
de Brouwer, Gordon (2004a), “Institutions to Promote Financial Stability: Reflections on East Asia and an Asian Monetary Fund,” http://www.weforum.org/pdf/initiatives/MPC/Brouwer.pdf.
de Brouwer, Gordon (2004b), “International Monetary Fund and Asian Development Bank Perspectives on Regional Surveillance in East Asia,” in Brouwer, G. and Wang, Y., eds., Financial Governance in East Asia: Policy Dialogue, Surveillance and Cooperation. London: Routledge, pp. 38–49.
Cecco, Marcello (1992), “European Monetary and Financial Cooperation before the First World War,” Rivista di Storia Economica, 9: 1–2, pp. 55–76.
de Vanssay, Xavier (2002), “Monetary Unions: A Historical Perspective,” in Crowley, P. M., ed., Before and Beyond European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here). London: Routledge, pp. 26–41.
Dodge, David (2001), “Canada's Monetary Policy Approach: It Works for Canadians,” Speech to the Edmonton Chamber of Commerce (June).
Dooley, Michael, Folkerts-Landau, David, and Garber, Peter (2005), International Financial Stability: Asia, Interest Rates and the Dollar. London: Deutsche Bank Global Research.
Dooley, Michael, and Garber, Peter (2005), “Is It 1958 or 1968? Three Notes on the Longevity of the Revived Bretton Woods System,” Brookings Papers on Economic Activity, 1, pp. 148–188.
Dornbusch, Rudiger (1990), “Two-Track European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here), Now!” in Layard, R., ed., Britain and European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here). London: Centre for Economic Performance, pp. 103–111.
Dornbusch, Rudiger, and Yung Chul Park (1999), “Flexibility or Nominal Anchors,” in Collignon, S., Pisani-Ferry, J., and Park, Y. C., eds., Exchange Rate Policies in Emerging Asian Countries. London: Routledge, pp. 3–34.
Dwyer, Gerald P., Jr., and James R. Lothian (2004), “International Money and Common Currencies in Historical Perspective,” in Alexander, V., Mélitz, J., and Furstenberg, G. M., eds., Monetary Unions and Hard Pegs. Oxford: Oxford University Press, pp. 51–66.
Dyson, Kenneth, and Featherstone, Kevin (1999), The Road to Maastricht. Oxford: Oxford University Press.
Economic Report of the President (2006). Washington, DC: U.S. Government Printing Office.
Edwards, Sebastian (2002), “The Great Exchange Rate Debate after Argentina,” Working Paper 9257. Cambridge, MA: National Bureau of Economic Research.
Edwards, Sebastian (2003), “Dollarization: Myths and Realities,” in Salvatore, D., Dean, J. W., and Willett, T. D., eds., The Dollarization Debate. Oxford: Oxford University Press, pp. 111–28.
Edwards, Sebastian, (2005), “Is the U.S. Current Account Deficit Sustainable? If Not, How Costly Is Adjustment Likely to Be?” Brookings Papers on Economic Activity, 1, pp. 211–72.
Edwards, Sebastian, and Igal Magendzo (2003), “A Currency of One's Own? An Empirical Investigation on Dollarization and Independent Currency Unions,” Working Paper 9514. Cambridge, MA: National Bureau of Economic Research.
Eichengreen, Barry (1994), International Monetary Arrangements for the 21st Century. Washington, DC: The Brookings Institution.
Eichengreen, Barry (1998), “Does Mercado Común del Sur (Common Market of the South) Need a Single Currency?” Working Paper 6821. Cambridge, MA: National Bureau of Economic Research.
Eichengreen, Barry (2001a), “What Problems Can Dollarization Solve?” Journal of Policy Modeling, XXIII, pp. 267–277.
Eichengreen, Barry (2001b), “Hanging Together? On Monetary and Financial Cooperation in Asia,” emlab.berkeley.edu/users/eichengreen/research/eastasiashadid2.pdf.
Eichengreen, Barry (2002), “What to Do with the Chiang Mai Initiative,” Asian Economic Papers, 2, pp. 1–52.
Eichengreen, Barry (2004), “The Case for Floating Exchange Rates in Asia,” in Asian Development Bank, Monetary and Financial Integration in East Asia: The Way Ahead, vol. 2. Basingstoke: Palgrave, pp. 490–89.
Eichengreen, Barry (2005), “Real and Pseudo Preconditions for an Asian Monetary Union,” in Asian Economic Cooperation and Integration: Prospects, Prospects, and Challenges. Manila: Asian Development Bank, pp. 197–212.
Eichengreen, Barry (2006), “The Parallel Currency Approach to Asian Monetary Integration,” American Economic Review, 96: 2, pp. 432–36.
Eichengreen, Barry, and Tamim Bayoumi (1999), “Is Asia an Optimum Currency Area? Can It Become One?” in Collignon, S., Pisani-Ferry, J., and Park, Y. C., eds., Exchange Rate Policies in Emerging Asian Countries. London: Routledge, pp. 347–66.
Eichengreen, Barry, and Hausmann, Ricardo (1999), “Exchange Rates and Financial Fragility,” Proceedings: New Challenges for Monetary Policy. Kansas City, MO: Federal Reserve Bank of Kansas City, pp. 329–68.
Eichengreen, Barry, and Pipat Luengnaruemitchai (2004), “What Doesn't Asia Have Bigger Bond Markets?” Working Paper 10576. Cambridge, MA: National Bureau of Economic Research.
Eichengreen, Barry, and Yung Chul Park (2005), “Why Has There Been Less Financial Integration in Asia than in Europe?” in Ito, T., Park, Y. C., and Jong, Y. C., eds., A New Financial Market Structure for East Asia. Northampton, MA: Edward Elgar.
Engel, Charles, and Rogers, John (2004), “European product market integration after the euro,” Economic Policy, 19, pp. 347–84.
Estevadeordal, Antoni, Junichi Goto, and Raul Saez (2000), “The New Regionalism in the Americas: The Case of Mercado Común del Sur (Common Market of the South),” Integration and Trade Paper 5. Washington, DC: Inter-American Development Bank.
European Central Bank (1999), “The stability-oriented monetary policy strategy of the Eurosystem,” Monthly Bulletin, pp. 39–50 (January).
European Central Bank (2000a), “European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here) and banking supervision,” Monthly Bulletin, pp. 49–64 (April).
European Central Bank (2000b), “The two pillars of the European Central Bank's monetary policy strategy,” Monthly Bulletin, pp. 37–48 (November).
European Central Bank (2003), “The outcome of the European Central Bank's evaluation of its monetary policy strategy,” Monthly Bulletin, pp. 79–92 (June).
European Central Bank (2004), Target Annual Report 2003.
European Central Bank (2005a), The Implementation of Monetary Policy in the Euro Area.
European Central Bank (2005b), “Monetary policy and inflation differentials in a heterogeneous currency area,” Monthly Bulletin (May).
European Commission (1990), “One Market, One Money,” European Economy, XLIV.
European Commission (2004a), “European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here) after 5 Years,” European Economy Special Report 1.
European Commission (2004b), “Strengthening Economic Governance and Clarifying the Implementation of the Stability and Growth Pact.” Communication from the Commission to the Council and the European Parliament [COM(2004) 581].
European Council (2005), Presidency Conclusions, March 22–23.
Faruqee, Hamid, Douglas Laxton, Dirk Muir, and Paolo A. Pesenti (2007), “Smooth Landing or Crash? Model-Based Scenarios of Global Current Account Rebalancing,” in Clarida, R. H., ed., G7 Current Account Imbalances: Sustainability and Adjustment. Chicago: University of Chicago Press, pp. 377–451.
Fasano, Ugo, Rina Bhattacharya, and Andrea Schaechter (2003), Monetary Union among Member Countries of the Gulf Cooperation Council, Occasional Paper 223. Washington, DC: International Monetary Fund.
Fatàs, Antonio, Hallet, Andrew Hughes, Anne Sibert, Strauch, Rolf R., and Jürgen von Hagen, (2003), Stability and Growth in Europe: Towards a Better Pact. Monitoring European Integration XIII. London: Centre for Economic Policy Research.
Federal Reserve Bulletin (2007), Washington, DC: Board of Governors of the Federal Reserve System (May).
Feldstein, Martin (1997), “European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here) and International Conflict,” Foreign Affairs, LXXVI: 6, pp. 60–73.
Fernández-Arias, Eduardo, Ugo Panizza, and Ernesto Stein (2004), “Trade Agreements, Exchange Rate Disagreements,” in Alexander, V., Mélitz, J., and Furstenberg, G. M., eds., Monetary Unions and Hard Pegs. Oxford: Oxford University Press, pp. 135–150.
Fischer, Stanley (2001), “Exchange Rate Regimes: Is the Bi-Polar View Correct?” Journal of Economic Perspectives, XV, pp. 3–24.
Flandreau, Marc (2003), “The Bank, the States, and the Market: An Austro-Hungarian Tale for Euroland, 1867–1914,” in Capie, F. H. and Wood, G. E., eds., Monetary Unions: Theory, History, Public Choice. London: Routledge, pp. 111–41.
Frankel, Jeffrey A. (2003), “Experience of and Lessons from Exchange Rate Regimes in Emerging Economies,” Working Paper 10032. Cambridge, MA: National Bureau of Economic Research.
Frankel, Jeffrey A., and Rose, Andrew K. (1998), “The Endogeneity of the Optimum Currency Area Criteria,” Economic Journal, CVIII, pp. 1009–24.
Frankel, Jeffrey A., and Rose, Andrew K. (2002), “An Estimate of the Effect of Common Currencies on Trade and Income,” Quarterly Journal of Economics, 117, pp. 437–66.
Frankel, Jeffrey A., and Shang-Jin Wei (1994), “Yen Bloc or Dollar Bloc? Exchange Rate Policies in East Asian Economies,” in Ito, T. and Krueger, A. O., eds., Macroeconomic Linkages: Savings, Exchange Rates, and Capital Flows. Chicago: University of Chicago Press, pp. 295–329.
Fratianni, Michele, and Jürgen von Hagen, (1992), The European Monetary System and European Monetary Union. Boulder, CO: Westview.
Fuchs, William, and Lippi, Francesco (2006), “Monetary Union with Voluntary Participation,” Review of Economic Studies, 73, pp.437–57.
Galí, Jordi, and Perotti, Roberto (2003), “Fiscal policy and monetary integration in Europe,” Economic Policy, XXXVII, pp. 533–72.
Galí, Jordi, Gerlach, Stefan, Rotemberg, Julio, Uhlig, Harald, and Woodford, Michael (2004), “The Monetary Policy Strategy of the European Central Bank Reconsidered,” Monitoring the European Central Bank V. London: Centre for Economic Policy Research.
Gandolfo, Giancarlo (1992), “Monetary Unions,” in Newman, P., Milgate, M., and Eatwell, J., eds., The New Palgrave Dictionary of Money and Finance. London: Palgrave.
Gaspar, Vítor, and Philipp Hartmann (2005), “The Euro and Money Markets: Lessons for European Financial Integration,” in Posen, A. S., ed., The Euro at Five: Ready for a Global Role? Washington, DC: Peterson Institute for International Economics, pp. 87–98.
Genberg, Hans (2006), “Exchange-Rate Arrangements and Financial Integration in East Asia: On a Collision Course?” Hong Kong: Hong Kong Monetary Authority.
Genberg, Hans, McCauley, Robert, Park, Young Chul, and Persaud, Avinash (2005), Official Reserves and Currency Management in Asia: Myth, Reality and the Future, 7th Geneva Report on the World Economy. Geneva: International Center for Monetary and Banking Studies.
Ghosh, Atish R., Anne-Marie Gulde, , and Wolf, Holger C. (2000), “Currency boards: more than a quick fix?” Economic Policy, XXXI, pp. 271–334.
Ghosh, Atish R., Anne-Marie Gulde, , and C. Wolf, Holger (2002), Exchange Rate Regimes: Choices and Consequences. Cambridge, MA: MIT Press.
Giambiagi, Fabio (1999), “Mercado Común del Sur (Common Market of the South): Why Does Monetary Union Make Sense in the Long Run?” Integration and Trade Paper 9. Washington, DC: Inter-American Development Bank.
Giavazzi, Francesco, and Wyplosz, Charles (2006), “Selection of the Central Bank Board Is a Fait Accompli,” Financial Times, February 10.
Girardin, Eric (2004), “Information Exchange, Surveillance Systems, and Regional Institutions in East Asia,” in Asian Development Bank, Monetary and Financial Integration in East Asia: The Way Ahead, vol. 1. Basingstoke: Palgrave, pp. 53–95.
Glick, Reuven, and Rose, Andrew (2002), “Does a Currency Union Affect Trade? The Time Series Evidence,” European Economic Review, XLVI, pp. 1125–51.
Goldberg, Linda S., and Cedric Tille (2005), “Vehicle Currency Use in International Trade,” Working Paper 11127. Cambridge, MA: National Bureau of Economic Research.
Goldberg, Pinelopi Koujianou, and Verboven, Frank (2004), “Cross-country price dispersion in the euro area: a case study of the European car market,” Economic Policy, XL, pp. 485–521.
Goldstein, Morris (2002), “Managed Floating Plus,” Policy Analyses in International Economics 66.Washington, DC: Peterson Institute for International Economics.
Goldstein, Morris, and Turner, Philip (2004), Controlling Currency Mismatches in Emerging Markets. Washington, DC: Peterson Institute for International Economics.
González-Páramo, José Manuel (2005), “Regional Divergence in the Euro Area,” www.ecb.int/press/key/date2005/html/sp050919.en.html.
Goodhart, Charles (2002), “Myths about the Lender of Last Resort,” in Goodhart, C. and Illing, G., eds., Financial Crises, Contagion, and the Lender of Last Resort. Oxford: Oxford University Press, pp. 227–45.
Goodhart, Charles, and Dai, Lu (2003), Intervention to Save Hong Kong: The Authorities' Counter-Speculation in Financial Markets. Oxford: Oxford University Press.
Graboyes, Robert F. (1990), “The European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here): Forerunners and Durability,” Federal Reserve Bank of Richmond Economic Review, 76, pp. 8–17.
Grenville, Stephen (2004), “Policy Dialogue in East Asia: Principles for Success,” in Brouwer, G. and Wang, Y., eds., Financial Governance in East Asia; Policy Dialogue, Surveillance and Cooperation. London: Routledge, pp. 16–37.
Gros, Daniel, and Thygesen, Niels (1999), European Monetary Integration. London: Addison Wesley Longmans.
Grubel, Herbert G. (1999), “The Case for the Amero: The Merits of Creating a North American Monetary Union,” Critical Issues Bulletin. Vancouver: Frazer Institute.
Grubel, Herbert G. (2003), “The Merit of a North American Monetary Union,” in Salvatore, D., Dean, J. W., and Willett, T. D., eds., The Dollarization Debate. Oxford: Oxford University Press, pp. 318–40.
G-7 (1999), Strengthening the International Financial Architecture: Report from the G-7 Finance Ministers to the Köln Economic Summit.
Gulde, Anne-Marie, Hoelscher, David, Ize, Alain, Marston, David, and Nicoló, Gianni (2004), Financial Stability in Dollarized Economies, Occasional Paper 230. Washington, DC: International Monetary Fund.
Hamilton-Hart, Natasha (2000), “Regional Capital and Cooperation in Asia,” in Katzenstein, P. J., Hamilton-Hart, N., Kato, K., and Yue, eds M.., Asian Regionalism. Ithaca, NY: Cornell University East Asia Series, pp. 115–69.
Hanke, Steve H. (2002), “On Dollarization and Currency Boards: Errors and Deception,” Journal of Policy Reform, V, pp. 203–22.
Hanke, Steve H., Jonung, Lars, and Schuler, Kurt (1993), Russian Currency and Finance: A Currency Board Approach to Reform. London: Routledge.
Hartmann, Philipp, Maddaloni, Angela, and Manganelli, Simone (2003), “The Euro-Area Financial System: Structure, Integration, and Policy Initiatives,” Oxford Review of Economic Policy, XIX:1, pp. 180–213.
Hawkins, John, and Masson, Paul, eds. (2003), Economic Aspects of Regional Currency Areas and the Use of Foreign Currencies, Paper 17. Basel: Bank for International Settlements.
Hefeker, Casten, and Nabor, Andreas (2005), “China's Role in East-Asian Monetary Integration,” International Journal of Finance and Economics, 10, pp. 157–166.
Helleiner, Eric (2006), Towards North American Monetary Union? The Politics and History of Canada's Exchange Rate Regime. Montreal: McGill-Queen's University Press.
Helliwell, John F., and Ross McKitrick (1998), “Comparing Capital Mobility across Provincial and National Borders,” Working Paper 6624. Cambridge, MA: National Bureau of Economic Research.
Randall, Henning C. (1998), “Systemic Conflict and Regional Monetary Integration: The Case of Europe,” International Organization, 52, pp. 537–73.
Randall, Henning C. (2002), “East Asian Financial Cooperation,” Policy Analyses in International Economics, 68.Washington, DC: Peterson Institute for International Economics.
Henning, C. Randall (2004), “East Asian Financial Cooperation and Global Adjustment: Building on the Chiang Mai Initiative” (unpublished manuscript).
Henning, C. Randall (2005), “Systemic Contextualism and Financial Regionalism: The Case of East Asia.” Washington, DC: American University, www.hwwa.de/Forschung/Handel-&-Entwicklung/docs/2006/Publikationen/Volz-FOX01.pdf.
Henning, C. Randall (2006), “Regional Arrangements and the International Monetary Fund,” in Truman, E. M., ed., Reforming the International Monetary Fund for the 21st Century, Special Report 19. Washington, DC: Peterson Institute for International Economics, pp. 171–83.
Hinds, Manuel (2004), “Is Dollarization a Worthwhile Option for Developing Countries?” International Finance, 7:2, pp. 287–309.
Hinds, Manuel (2006), Playing Monopoly with the Devil: Dollarization and Domestic Currencies in Developing Countries. New Haven, CT: Yale University Press.
Ho, Corrinne, Ma, Guonan, and McCauley, Robert N. (2005), “Trading Asian Currencies,” BIS Quarterly Review, pp. 49–58 (March).
Honohan, Patrick, and Philip R. Lane (2000), “Will the Euro Trigger More Monetary Unions in Africa?” Working Paper WPS-2393. Washington, DC: World Bank.
Honohan, Patrick, and Lane, Philip R. (2003), “Divergent inflation rates in European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here),” Economic Policy, XXXVII, pp. 359–394.
Honohan, Patrick, and Philip R. Lane (2004), “Exchange Rates and Inflation under European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here): An Update,” Discussion Paper 4583. London: Centre for Economic Policy Research.
House of Lords (2002–03), “Is the European Central Bank Working?” Paper 170, Select Committee on the European Union. London: The Stationary Office.
Humphrey, Thomas M. (1992), “Lender of Last Resort,” in Newman, P., Milgate, M., and Eatwell, J., eds., The New Palgrave Dictionary of Money and Finance. London: Macmillan, pp. 571–73.
Independent Evaluation Office of the International Monetary Fund (2002), Evaluation of Prolonged Use of International Monetary Fund Resources. Washington, DC: International Monetary Fund.
Independent Evaluation Office of the International Monetary Fund (2003), The International Monetary Fund and Recent Capital Account Crises: Indonesia, Korea, Brazil. Washington, DC: International Monetary Fund.
Independent Evaluation Office of the International Monetary Fund (2004), Evaluation of the Role of the International Monetary Fund in Argentina, 1991–2001. Washington, DC: International Monetary Fund.
Ingram, James C. (1959), “State and Regional Payments Mechanisms,” Quarterly Journal of Economics, LXXIII, pp. 619–632.
International Monetary Fund (1999), “Exchange Arrangements and Currency Convertibility: Developments and Issues,” World Economic and Financial Surveys. Washington, DC: International Monetary Fund.
International Monetary Fund (2005a), Annual Report on Exchange Arrangements and Exchange Restrictions. Washington, DC: International Monetary Fund.
International Monetary Fund (2005b), World Economic Outlook, (September). Washington, DC: International Monetary Fund.
International Monetary Fund (2006), “The Managing Director's Report on Implementing the Fund's Medium-Term Strategy.” Washington, DC: International Monetary Fund.
Issa, Ramzi, Robert Lafrance, and John Murray (2006), “The Turning Black Tide: Energy Prices and the Canadian Dollar,” Working Paper 2006–29. Ottawa: Bank of Canada.
Issing, Otmar (2005), “The European Central Bank and the Euro – The First 6 Years: A View from the European Central Bank,” Journal of Policy Modeling, 27, pp. 405–20.
Issing, Otmar, Gaspar, Vitor, Angeloni, Ignazio, and Tristani, Oreste (2001), Monetary Policy in the Euro Area: Strategy and Decision Making at the European Central Bank. Cambridge: Cambridge University Press.
Italianer, Alexander (1993), “Mastering Maastricht: European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here) Issues and How They Were Settled,” in Gretschmann, G., ed., Economic and Monetary Union: Implications for National Policy-Makers. Amsterdam: European Institute of Public Administration, pp. 51–113.
Ito, Takatoshi (2002), “A Case for a Coordinated Basket for Asian Countries.” Paper Prepared for the Kobe Research Project Sponsored by the ASEM (Asia-Europe Meeting) of Finance Ministers.
Ito, Takatoshi (2004), “Inflation Targeting in Asia,” Occasional Paper 1. Hong Kong: Hong Kong Institute for Monetary Research.
Ito, Takatoshi, Ogawa, Eiji, and Sasaki, Yuri (1998), “How Did the Dollar Peg Fail in Asia?” Journal of the Japanese and International Economies, 12, pp. 256–304.
Ito, Takatoshi, and Park, Yung Chul (2004), “Exchange Rate Regimes in East Asia,” in Asian Development Bank, Monetary and Financial Integration in East Asia: The Way Ahead, vol. 1. Basingstoke: Palgrave, pp. 148–88.
Jaeger, Albert (2003), “The European Central Bank's Money Pillar: An Assessment,” Working Paper 03/82. Washington, DC: International Monetary Fund.
Judson, Ruth A., and Porter, Richard (1996), “The Location of U.S. Currency: How Much Is Abroad?” Federal Reserve Bulletin, 82, pp. 883–903.
Kahler, Miles (2000), “Legalization as Strategy: The Asia-Pacific Case,” International Organization, 54, pp. 549–71.
Kalemli-Ozcan, Sebnem, Bent E. S⊘renson, and Oved Yosha (1999), “Risk-Sharing and Industrial Specialization,” Discussion Paper 2295. London: Centre for Economic Policy Research.
Kalemli-Ozcan, Sebnem, Bent E. S⊘renson, and Oved Yosha (2004), “Asymmetric Shocks and Risk Sharing in a Monetary Union: Updated Evidence and Policy Implications for Europe,” Discussion Paper 4463. London: Centre for Economic Policy Research.
Kamil, Herman (2006), “Does Moving to a Flexible Exchange Rate Regime Reduce Currency Mismatches in Firms' Balance Sheets?” Conference Paper. Washington, DC: International Monetary Fund.
Kamps, Annette (2005), “The Determinants of Currency Invoicing in International Trade.” Kiel: Institute for World Economics (unpublished manuscript).
Katzenstein, Peter J. (2005), A World of Regions. Ithaca, NY: Cornell University Press.
Kawai, Masahiro (2004), “The Case for a Tri-polar Currency Basket for Emerging East Asia,” in Brouwer, G. and Kawai, M., eds., Economic Linkages and Implications for Exchange Rate Regimes in East Asia. London: Routledge, pp. 360–84.
Kawai, Masahiro, and Shiguru Akiyama (2000), “Implications of the Currency Crisis for Exchange Rate Arrangements in Emerging East Asia,” Working Paper 2502. Washington, DC: World Bank.
Kawai, Masahiro, and Motonishi, Taizo (2005), “Macroeconomic Interdependence in East Asia: Empirical Evidence and Issues,” in Asian Economic Cooperation and Integration: Progress, Prospects and Issues. Manila: Asian Development Bank, pp. 213–68.
Kawai, Masahiro, and Takagi, Shinji (2005), “Strategy for a Regional Exchange Rate Arrangement in East Asia: Analysis, Review and Proposal,” Global Economic Review, 34, pp. 22–65.
Keijzer, Cornelia (2001), “Japan and Asian Regional Integration,” Research Report 1. Tokyo: Institute for International Monetary Affairs.
Kenen, Peter B. (1969), “The Theory of Optimum Currency Areas: An Eclectic View,” in Mundell, R. A. and Swoboda, A. K, eds., Monetary Problems of the International Economy. Chicago: University of Chicago Press, pp. 41–60.
Kenen, Peter B. (1995), Economic and Monetary Union in Europe: Moving Beyond Maastricht. Cambridge: Cambridge University Press.
Kenen, Peter B. (2001), The International Financial Architecture: What's New? What's Missing? Washington, DC: Peterson Institute for International Economics.
Kenen, Peter B. (2002), “Currency Unions and Policy Domains,” in Andrews, D. A., Henning, C. R, and Pauly, L. W., eds., Governing the World's Money. Ithaca, NY: Cornell University Press, pp. 78–104.
Kenen, Peter B., and Ellen E. Meade (2004), “European Union Accession and the Euro: Close Together or Far Apart?” in Pringle, R. and Carver, N., eds., European Union Enlargement and the Future of the Euro. London: Central Banking Publications, pp. 79–98.
Kenen, Peter B., Jeffrey R. Shafer, Nigel L. Wicks, and Charles Wyplosz (2004), International Economic and Financial Cooperation: New Issues, New Actors, New Responses. Geneva and London: International Center for Monetary and Banking Studies and Centre for Economic Policy Research.
Khor, Hoe Ee, Edward Robinson, and Jason Lee (2004), “Managed Floating and Intermediate Exchange Rate Systems: The Singapore Experience,” MAS Staff Paper 37. Singapore: Monetary Authority of Singapore.
Kim, Jun Il, and Laura Papi (2005), “Regional Integration and Exchange Rate Arrangements,” in Rodlauer, M. and Schipke, A., eds., Central America: Global Integration and Regional Cooperation, Occasional Paper 243. Washington, DC: International Monetary Fund, pp. 69–98.
Kohl, Helmut (1997), “The Future of a Unified Europe,” Address at the Eighth Sinclair-House Discussion of the Herbert Quandt Foundation, April 25.
Kole, Linda S., and Meade, Ellen E. (1995), “German Monetary Targeting: A Retrospective View,” Federal Reserve Bulletin, LXXXI, pp. 917–931.
Krugman, Paul (1993), “Lessons of Massachusetts for European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here),” in Torres, F. and Giavazzi, F., eds., Adjustment and Growth in the European Monetary Union. Cambridge: Cambridge University Press, pp. 241–61.
Kuroda, Haruhiko (2004), “Transitional Steps in the Road to a Single Currency in East Asia.” Statement to the Seminar on a Single Currency for East Asia at the Annual Meeting of the Asian Development Bank.
Kuroda, Haruhiko, and Masahiro Kawai (2004), “Strengthening Regional Financial Cooperation in East Asia,” in Brouwer, G. and Wang, Y., eds., Financial Governance in East Asia: Policy Dialogue, Surveillance and Cooperation. London: Routledge, pp. 136–66.
Kwan, Chi Hung (2001), Yen Bloc: Toward Economic Integration in Asia. Washington, DC: The Brookings Institution.
Kydland, Finn, and Prescott, Edward (1977), “Rules Rather than Discretion: The Inconsistency of Optimal Plans,” Journal of Political Economy, 85, pp. 473–90.
Lafrance, Robert, and Lawrence L. Schembri (2000), “The Exchange Rate, Productivity, and the Standard of Living,” Bank of Canada Review, pp. 17–28.
Laidler, David (1999), “What Do the Fixers Want to Fix? The Debate about Canada's Exchange Rate Regime,” C.D. Howe Institute Commentary 131. Toronto: C.D. Howe Institute.
Laidler, David (2002), “Inflation Targets Versus International Monetary Integration: A Canadian Perspective,” Working Paper 3, University of Western Ontario.
Laidler, David, and Finn Poschmann (2000), “Leaving Well Enough Alone: Canada's Monetary Order in a Changing International Environment,” C.D. Howe Institute Commentary 142. Toronto: C.D. Howe Institute.
Lane, Philip R. (2006), “The Real Effects of European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here),” Discussion Paper 5536. London: Centre for Economic Policy Research.
Latter, Tony (2005), “Asian Monetary Union–Where Do We Go from Here?” Occasional Paper 2. Hong Kong: Hong Kong Institute for Monetary Research.
Lee, Jong-Wha, Park, Yyung Chul, and Shin, Kwanho (2004), “A Currency Union for East Asia,” in Asian Development Bank, Monetary and Financial Integration in East Asia: The Road Ahead, vol. 2. Basingstoke: Palgrave, pp. 139–175.
Levy-Yeyati, Eduardo, and Sturzenegger, Federico (2000), “Is Emu a Blueprint for Mercosur? Cuadernos de Economia, 37, pp. 63–99.
Levy-Yeyati, Eduardo, and Sturzenegger, Federico (2001), “Exchange Rate Regimes and Economic Performance,” International Monetary Fund Staff Papers, 47, pp. 62–98.
Levy-Yeyati, Eduardo, and Sturzenegger, Federico (2003), “To Float or to Fix: Evidence on the Impact of Exchange Rate Regimes on Growth,” American Economic Review, 93, pp. 1173–93.
Levy-Yeyati, Eduardo, and Sturzenegger, Federico (2005), “Classifying Exchange Rate Regimes: Deeds vs. Words,” European Economic Review, 49, pp. 2079–105.
Lincoln, Edward (2004), East Asian Economic Regionalism. Washington, DC: The Brookings Institution.
Ludlow, Peter (1982), The Making of the European Monetary System. London: Butterworth.
Ma, Guonan, and Remolona, Eli M. (2005), “Opening Markets Through a Regional Bond Fund: Lessons from ABF2,” BIS Quarterly Review (June), pp. 81–92.
Manzano, George (2000), “Is There Any Value-Added in the Association of South East Asian Nations Surveillance Process?” Association of South East Asian Nations Economic Bulletin, 18, pp. 94–102.
Martinez, Lorenza, and Werner, Alejandro (2002), “The Exchange Rate Regime and the Currency Composition of Corporate Debt: The Mexican Experience,” Journal of Development Economics, 69, pp. 315–34.
Massmann, Michael, and James Mitchell (2003), “Reconsidering the Evidence: Are Eurozone Business Cycles Converging?” Working Paper, Bonn: Centre for European Integration Studies.
Masson, Paul R., and Pattillo, Catherine (2001), Monetary Union in West Africa (Economic Community of West African States), Occasional Paper 204. Washington, DC: International Monetary Fund.
Masson, Paul R., and Pattillo, Catherine (2005), The Monetary Geography of Africa. Washington, DC: The Brookings Institution.
McCallum, John (1998), “Government Debt and the Canadian Dollar,” Current Analysis 2, Royal Bank of Canada.
McKinnon, Ronald I. (1998), “Exchange Rate Coordination for Surmounting the East Asian Currency Crisis,” Asian Economic Journal, 12, pp. 317–29.
McKinnon, Ronald I. (2000a), “After the Crisis, the East Asian Dollar Standard Resurrected: An Interpretation of High-Frequency Exchange-Rate Pegging.” Stanford, CA: Stanford University, www-econ.stanford/edu/faculty/workp/swp00013.pdf.
McKinnon, Ronald I. (2000b), “The East Asian Dollar Standard, Life after Death?” Banca Monte dei Paschi di Siena, Economic Notes, 29, pp. 31–82.
McKinnon, Ronald I. (2004), “The East Asian Exchange Rate Dilemma and the World Dollar Standard,” in Asian Development Bank, Monetary and Financial Integration in East Asia: The Way Ahead, vol. 2. Basingstoke: Palgrave, pp. 177–208.
McKinnon, Ronald I. (2005), Exchange Rates under the East Asian Dollar Standard: Living with Conflicted Virtue. Cambridge, MA: MIT Press.
McNamara, Kathleen R. (1998), The Currency of Ideas: Monetary Politics in the European Union. Ithaca, NY: Cornell University Press.
McSheehy, Will (2005), “Economists Fear Plan for Monetary Union among Gulf States Is Losing Momentum,” Financial Times, September 23.
Meade, Ellen E. (2003), “A (Critical) Appraisal of the European Central Bank's Voting Reform,” Intereconomics – Review of European Economic Policy, XXXVII:3, pp. 129–31.
Meade, Ellen E., and Sheets, D. Nathan (2005a), “Regional Influences on Federal Open Market Committee Voting Patterns,” Journal of Money, Credit and Banking, XXXVII:4, pp. 661–77.
Meade, Ellen E., and D. Nathan Sheets (2005b), “Documenting Federal Open Market Committee Voting Patterns,” Conference Paper, National Bank of Austria.
Mélitz, Jacques (2004), “Risk Sharing and European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here),” Discussion Paper 4460. London: Centre for Economic Policy Research.
Micco, Alejandro, Stein, Ernesto, and Ordoñez, Guillermo (2003), “The currency union effect on trade: early evidence from European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here),” Economic Policy, XXXVII, pp. 317–56.
Knarvik, Midelfart-, Helene, Karen, Henry G. Overman, Stephen Redding, and Tony Venables (2000), The Location of European Industry. Brussels: European Commission.
Montiel, Peter J. (2004), “An Overview of Monetary and Financial Integration in East Asia,” in Asian Development Bank, Monetary and Financial Integration in East Asia: The Way Ahead, vol. 1. Basingstoke: Palgrave, pp. 1–52.
Morales, R. Armando, and Alfred Schipke (2005), “Regional Integration and Financial System Issues,” in Rodlauer, M. and Schipke, A., eds., Central America: Global Integration and Regional Cooperation, Occasional Paper 243. Washington, DC: International Monetary Fund, pp. 99–111.
Mundell, Robert A. (1961), “The Theory of Optimum Currency Areas,” American Economic Review, LI, pp. 657–65.
Mundell, Robert (2002), “Does Asia Need a Common Currency?” Pacific Economic Review, 7, pp. 3–12.
Mundell, Robert (2003), “Prospects for an Asian Currency Area,” Journal of Asian Economics, 14, pp. 1–10.
Murray, John D. (2003), “Why Canada Needs a Flexible Exchange Rate,” in Salvatore, D., Dean, J. W., and Willett, T. D., eds., The Dollarization Debate. Oxford: Oxford University Press, pp. 341–62.
Murray, John D., and Powell, James (2003), “Dollarization in Canada: Where Does the Buck Stop?” North American Journal of Economics and Finance, 14, pp. 145–72.
Murray, John D., Schembri, Lawrence, and St-Amant, Pierre (2003), “Revisiting the Case for Flexible Exchange Rates in North America,” North American Journal of Economics and Finance, 14, pp. 207–40.
National Bank of Austria (2005), “About the OeNB, 1878–1922: The Austro-Hungarian Bank,” http://www.oenb.at/en/ueber-die-oenb/bankh-archiv/geschichte-der-oenb/1878-bis-1922/18781922.jsp.
Nemoto, Yoichi (2003), “An Unexpected Outcome of the Asian Financial Crisis: Is Association of South East Asian Nations+3 (China, Japan, and South Korea) a Promising Vehicle for East Asian Monetary Cooperation?” Princeton, NJ: Princeton University Institute for International and Regional Studies.
Ngiam, Kee Jin, and Yuen, Hazel (2001), “Monetary Cooperation in East Asia: A Way Forward,” Singapore Economic Review, 46, pp. 211–46.
Nitsch, Volker (2005), “Have a Break, Have a … National Currency: When Do Monetary Unions Fall Apart?” in Grauwe, P. and Mélitz, J., eds., Prospects for Monetary Unions after the Euro. Cambridge, MA: MIT Press, pp. 319–45.
Nölling, Wilhelm (1993), Monetary Policy in Europe after Maastricht. London: Macmillan.
Obstfeld, Maurice, and Rogoff, Kenneth (2005), “Global Current Account Imbalances and Exchange Rate Adjustments,” Brookings Papers on Economic Activity, 1, pp. 67–123.
Obstfeld, Maurice, and Kenneth Rogoff (2007), “The Unsustainable U.S. Current Account Position Revisited,” in Clarida, R. H., ed., G7 Current Account Imbalances: Sustainability and Adjustment. Chicago: University of Chicago Press, pp. 339–66.
Ogawa, Eiji, and Ito, Takatoshi (2002), “On the Desirability of a Regional Basket Currency Arrangement,” Journal of the Japanese and International Economies, 16, pp. 317–34.
Ogawa, Eiiji, Ito, Takatoshi, and Sasaki, Yuri Nagataki (2004), “Costs, Benefits, and Constraints of the Currency Basket Regime for East Asia,” in Asian Development Bank, Monetary and Financial Integration in East Asia: The Way Ahead,” vol. 2. Basingstoke: Palgrave, pp. 209–37.
Ogawa, Eiji, and Junko Shimizu (2006), “Stabilization of Effective Exchange Rates under Common Currency Basket Systems,” Working Paper 12198. Cambridge, MA: National Bureau of Economic Research.
Ojo, Michael (2003), “Regional Currency Areas and the Use of Foreign Currencies: The Experience of West Africa,” in Hawkins, J. and Masson, P., eds., Regional Currency Areas and the Use of Foreign Currencies, Paper 17. Basel: Bank for International Settlements.
Organisation for Economic Cooperation and Development (2005), Economic Survey of China. Paris: Organisation for Economic Cooperation and Development.
Padoa-Schioppa, Tommaso (1988), “The European Monetary System: A Long-Term View,” in Giavazzi, F., Micossi, S., and Miller, M., eds., The European Monetary System. Cambridge: Cambridge University Press, pp. 369–84.
Padoa-Schioppa, Tommaso (2004a), The Euro and Its Central Bank. Cambridge, MA: MIT Press.
Padoa-Schioppa, Tommaso (2004b), “East Asian Monetary Arrangements: A European Perspective,” International Finance, 7, pp. 311–23.
Padoan, Pier Carlo (2002), “European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here) as an Evolutionary Process,” in Andrews, D. A., Henning, C. R., and Pauly, L. W., eds., Governing the World's Money. Ithaca, NY: Cornell University Press, pp. 105–27.
Pagano, Marco, and Ernst-Ludwig von Thadden (2004), “The European Bond Markets under European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here),” Discussion Paper 4779. London: Centre for Economic Policy Research.
Papaioannou, Elias, Richard Portes, and Gregorios Siourounis (2006), “Optimal Currency Shares in International Reserves: The Impact of the Euro and the Prospects for the Dollar, Working Paper 12333. Cambridge, MA: National Bureau of Economic Research.
Pastor, Robert A. (2001), Toward a North American Community: Lessons from the Old World for the New. Washington, DC: Peterson Institute for International Economics.
Patrick, Hugh (2005), “Japan, Asia-Pacific Economic Cooperation (forum), and East Asian Cooperation: Prime Minister Ohira's Legacy,” New York: Columbia University Asia-Pacific Economic Cooperation (forum) Study Center.
Plummer, Michael G., and Click, Reid W. (2005), “Bond Market Developments and Integration in Association of South East Asian Nations,” International Journal of Finance and Economics, 10, pp. 133–42.
Purposes and Functions (2005), Washington, DC: Board of Governors of the Federal Reserve System.
Rajan, Ramkishen (2002), “Exchange Rate Policy Options for Southeast Asia: Is There a Case for Currency Baskets? The World Economy, 25, pp. 137–63.
Rajan, Ramkishen, and Sirigar, Reza (2004), “Centralized Reserve Pooling for the Association of South East Asian Nations+3 Countries,” in Asian Development Bank, Monetary and Financial Integration in East Asia: The Way Ahead, vol. 2. Basingstoke: Palgrave, pp. 283–329.
Reinhart, Carmen M., Kenneth S. Rogoff, and Miguel A. Savastano (2003), “Addicted to Dollars,” Working Paper 10015. Cambridge, MA: National Bureau of Economic Research.
Reinhart, Carmen M., and Rogoff, Kenneth S. (2004), “The Modern History of Exchange Rate Arrangements: A Reinterpretation,” Quarterly Journal of Economics, CXIX, pp. 1–48.
Ritschl, Albrecht, and Nikolaus Wolf (2003), “Endogeneity of Currency Areas and Trade Blocs: Evidence from the Inter-War Period,” Discussion Paper 4112. London: Centre for Economic Policy Research.
Robson, William B. P., and Laidler, David (2002), No Small Change: The Awkward Economics and Politics of North American Monetary Integration. Toronto: C.D. Howe Institute.
Rogoff, Kenneth (2001), “Why Not a Global Currency,” American Economic Review, XCI, pp. 243–47.
Rogoff, Kenneth S., Aasim M. Husain, Ashoka Mody, Robin Brooks, and Nienke Oomes (2004), Evolution and Performance of Exchange Rate Regimes, Occasional Paper 229. Washington, DC: International Monetary Fund.
Rose, Andrew (2000), “One money, one market: estimating the effects of common currencies on trade,” Economic Policy, XXX, pp. 9–33.
Rose, Andrew (2004), “The Effect of Common Currencies on International Trade: A Meta-analysis,” in Alexander, V., Furstenberg, G. M., and Mélitz, J., eds., Monetary Unions and Hard Pegs. Oxford: Oxford University Press, pp. 101–11.
Roubini, Nuriel, and Brad Setser (2004), “The U.S. as a Net Debtor: The Sustainability of the U.S. External Imbalance.” New York and Oxford: Stern School of Business and Global Economic Governance Program.
Rubin, Robert E., and Weisberg, Jacob (2003), In an Uncertain World. New York: Random House.
Sakakibara, Eisuke, and Sharon Yamakawa (2003), “Regional Integration in East Asia: Challenges and Opportunities – Part 1: History and Institutions,” Working Paper WPS – 3078. Washington, DC: World Bank.
Sala-i-Martin, Xavier, and Jeffrey D. Sachs (1992), “Fiscal Federalism and Optimum Currency Areas: Evidence for Europe from the United States,” in Canzoneri, M. B., Grilli, V., and Masson, P. R., eds., Establishing a Central Bank: Issues in Europe and Lessons from the US. Cambridge: Cambridge University Press, pp. 195–219.
Salvatore, Dominick (2003), “Which Countries in the Americas Should Dollarize?” in Salvatore, D., Dean, J. W., and Willett, T. D., eds., The Dollarization Debate. Oxford: Oxford University Press, pp. 196–205.
Salvatore, Dominick (2006), “Can North American Free Trade Area Be a Stepping Stone to Monetary Integration in North America?” Economie Internationale, 107, pp. 135”48.
Schinasi, Garry (2003), “Responsibility of Central Banks for Stability in Financial Markets,” Working Paper 03/121. Washington, DC: International Monetary Fund.
Schinasi, Garry (2006), Safeguarding Financial Stability: Theory and Practice. Washington, DC: International Monetary Fund.
Schuler, Kurt, and Robert Stein (2000), “The Mack Dollarization Plan: An Analysis,” Conference Paper, Federal Reserve Bank of Dallas (March).
Shin, Kwanho, and Yungjong Wang (2004), “Sequencing Monetary and Trade Integration,” in Brouwer, G. and Kawai, M., eds., Exchange Rate Regimes in East Asia. London: Routledge, pp. 433–54.
Singh, Anoop, Agns Belaisch, Charles Collyns, Paula De Masi, Reva Krieger, Guy Meredith, and Robert Rennhack (2005), “Stabilization and Reform in Latin America: A Macroeconomic Perspective on the Experience Since the Early 1990s – Chapter VII: External Vulnerabilities,” Occasional Paper 238. Washington, DC: International Monetary Fund.
S⊘rensen, Bent E., and Yosha, Oved (1998), “International Risk Sharing and European Monetary Unification,” Journal of International Economics, XLV, pp. 211–38.
Stasavage, David (2000), “The Franc Zone as an Agency of Restraint,” in Collier, P. and Patillo, C., eds., Risk and Investment in Africa. Basingstoke: Macmillan.
Stasavage, David, and Guillaume, Dominique (2002), “When Are Monetary Commitments Credible? Parallel Agreements and the Sustainability of Currency Unions,” British Journal of Political Science, 32, 119–46.
Steil, Benn, and Litan, Robert (2006), Financial Statecraft. New Haven, CT: Yale University Press.
Sturm, Michael, and Nikolaus Siegfried (2005), “Regional Monetary Integration in the Member States of the Gulf Cooperation Council,” Occasional Paper 31. Frankfurt: European Central Bank.
Summers, Lawrence H. (1999), “Statement before the Subcommittee on International Trade and Finance of the Senate Finance Committee” (April 22). Washington, DC: U.S. Treasury.
Svensson, Lars E. O. (1997), “Inflation Targeting in an Open Economy: Strict or Flexible Inflation Targeting?” Public Lecture, Victoria University of Wellington, New Zealand (November).
Svensson, Lars E. O. (2002a), “A Reform of the Eurosystem's Monetary-Policy Strategy is Increasingly Urgent,” Briefing Paper for the Committee on Economic and Monetary Affairs of the European Parliament (May).
Svensson, Lars E. O. (2002b), “A Good Thing Could Happen to the European Central Bank: An Improvement of the Eurosystem's Definition of Price Stability,” Briefing Paper for the Committee on Economic and Monetary Affairs of the European Parliament (September).
Svensson, Lars E. O. (2003a), “How Should the Eurosystem Reform Its Monetary Strategy?” Briefing Paper for the Committee on Economic and Monetary Affairs of the European Parliament (February).
Svensson, Lars E. O. (2003b), “In the Right Direction, but Not Enough: The Modification of the Monetary-Policy Strategy of the European Central Bank,” Briefing Paper for the Committee on Economic and Monetary Affairs of the European Parliament (May).
Swoboda, Alexander K. (1991), The Road to European Monetary Union: Lessons from the Bretton Woods Regime, The 1991 Per Jacobsson Lecture. Washington: The Per Jacobsson Foundation, International Monetary Fund.
Tan, Kim Song, and Khor Hoe Ee (2005), “China's Changing Economic Structures and Its Implications for Regional Patterns of Trade Production and Integration,” Working Paper 23–2005. Singapore: Singapore Management University.
Tenreyro, Silvana, and Robert J. Barro (2003), “Economic Effects of Currency Unions,” Working Paper 9435. Cambridge, MA: National Bureau of Economic Research.
Thiessen, Gordon (1999), “The Euro: Its Economic Implications and Its Lessons for Canada,” Speech to the Canadian Club of Ottawa (January).
Triffin, Robert (1960), Gold and the Dollar Crisis: The Future of Convertibility. New Haven, CT: Yale University Press.
Truman, Edwin M. (2003a), Inflation Targeting. Washington, DC: Peterson Institute for International Economics.
Truman, Edwin M. (2003b), “North American Monetary and Financial Integration: Notes on the US Perspective,” International Management, 8, pp. 75–79.
Truman, Edwin M. (2005), “The Euro and Prospects for Policy Coordination,” in Posen, A. S., ed., The Euro at Five: Ready for a Global Role? Washington, DC: Peterson Institute for International Economics, pp. 47–77.
Truman, Edwin M. (2006), “North American Monetary Union – Getting from Here to There,” Unpublished Remarks, GEC Seminar Series in International Finance. New York: Council on Foreign Relations.
U.S. Senate (1999a), “Hearing on Official Dollarization in Emerging-Market Countries,” Committee on Banking, Housing, and Urban Affairs, April 22.
U.S. Senate (1999b), “Hearing on Official Dollarization in Latin America,” Committee on Banking, Housing, and Urban Affairs, July 15.
U.S. Senate (2000), “Hearing on S. 1879 – ‘The International Monetary Stability Act’,” Committee on Banking, Housing, and Urban Affairs, February 8.
van Beek, Frits, José Roberto Rosales, Mayra Zermeño, Ruby Randall, and Jorge Sherpherd (2000), “The Eastern Caribbean Currency Union: Institutions, Performance, and Policy Issues,” Occasional Paper 195. Washington, DC: International Monetary Fund.
van Zyl, Lamburtus (2003), “South Africa's Experience of Regional Currency Areas and the Use of Foreign Currencies,” in Hawkins, J. and Masson, P., eds., Regional Currency Areas and the Use of Foreign Currencies, Paper 17. Basel: Bank for International Settlements.
von Hagen, Jürgen (1992), “Fiscal Arrangements in a Monetary Union: Evidence from the U.S.,” in Fair, D. E. and Boissieu, C., eds., Fiscal Policy, Taxation, and the Financial System in an Increasingly Integrated Europe. Deventer: Kluwer, pp. 337–59.
von Hagen, Jürgen (2003), “Fiscal Discipline and Growth in Euroland: Experiences with the Stability and Growth Pact.” Bonn: Center for European Integration Studies.
Wang, Yunjong (2002), “Monetary and Financial Cooperation in East Asia: Future Directions for Institutional Arrangements of Monitoring and Surveillance.” Seoul: Korea Institute for International Economic Policy.
Wang, Yunjong (2004), “Instruments and Techniques for Financial Cooperation,” in Brouwer, G. and Wang, Y., eds., Financial Governance in East Asia: Policy Dialogue, Surveillance and Cooperation. London: Routledge, pp. 189–215.
Wang, Yunjong, and Woo, Wing Thye (2004), “A Timely Information Exchange Mechanism, an Effective Surveillance System, and an Improved Financial Architecture for East Asia,” in Asian Development Bank, Monetary and Financial Integration in East Asia: The Way Ahead, vol. 2. Basingstoke: Palgrave, pp. 425–58.
Wei, Shang-Jin (1998), “Currency Hedging and Goods Trade,” Working Paper 6742. Cambridge, MA: National Bureau of Economic Research.
Williamson, John (1999), “The Case for a Common Basket Peg for East Asian Currencies,” in Collignon, S., Pisani-Ferry, J., and Park, Y. C., eds., Exchange Rate Policies for Emerging Asian Countries. London: Routledge, pp. 327–43.
Williamson, John (2000), “Exchange Rate Regimes for Emerging Markets: Reviving the Intermediate Option,” Policy Analyses in International Economics 60.Washington, DC: Peterson Institute for International Economics.
Williamson, John (2001), “The Case for a Basket, Band and Crawl (BBC) Regime for East Asia,” in Reserve Bank of Australia, RBA Annual Conference Volume. Sydney: Reserve Bank of Australia, pp. 97–111.
Williamson, John (2003), “Dollarization Does Not Make Sense Everywhere,” in Salvatore, D., Dean, J. W., and Willett, T. D., eds., The Dollarization Debate. Oxford: Oxford University Press, pp. 172–76.
Williamson, John (2005), “A Currency Basket for East Asia, Not Just China,” Policy Briefs in International Economics PB05–1. Washington, DC: Peterson Institute for International Economics.
Wyplosz, Charles (1991), “Monetary Union and Fiscal Policy Discipline,” in “The Economics of European Monetary Union (strictly, Economic and Monetary Union, but commonly used as it is here),” European Economy, Special Edition 1, pp. 165–84.
Wyplosz, Charles (2001), “A Monetary Union in Asia? Some European Lessons,” in Reserve Bank of Australia, RBA Annual Conference Volume. Sydney: Reserve Bank of Australia, pp. 124–55.
Wyplosz, Charles (2004), “Regional Exchange Rate Arrangements: Lessons from Europe for Far East,” in Asian Development Bank, Monetary and Financial Integration in East Asia: The Way Ahead, vol. 2. Basingstoke: Palgrave, pp. 241–84.
Yeats, Alexander (1998), “What Can Be Expected from African Regional Trade Arrangements?” Policy Research Working Paper 2004. Washington, DC: The World Bank.
Yoshino, Naoyuki, Sahoko Kaji, and Ayoko Suzuki (2002), “The Comparative Analysis of Exchange Rate Regimes.” Paper Prepared for the Kobe Research Project Sponsored by the ASEM (Asia-Europe Meeting) of Finance Ministers.