Áreas monetárias ótimas: teoria, unificação monetária européia e aplicações para o Mercosul

This paper presents a survey of the literature on optimum currency areas. The theoretical debate on the issue is exposed and the adoption of the "euro" is discussed. Based on the theory and on the recent European case, some comments are made on the proposal of a currency union among the co...

Descripción completa

Detalles Bibliográficos
Autores: Rigolon, Francisco, Giambiagi, Fabio
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:1999
País:Brasil
Institución:Universidade de São Paulo (USP)
Repositorio:Economia Aplicada
Idioma:portugués
OAI Identifier:oai:revistas.usp.br:article/218508
Acceso en línea:https://www.revistas.usp.br/ecoa/article/view/218508
Access Level:acceso abierto
Palabra clave:monetary integration
optimum currency areas
European Monetary Union
Mercosul
Descripción
Sumario:This paper presents a survey of the literature on optimum currency areas. The theoretical debate on the issue is exposed and the adoption of the "euro" is discussed. Based on the theory and on the recent European case, some comments are made on the proposal of a currency union among the countries of Mercosul, officially mentioned by the Presidents of the region in 1998. It is concluded that such proposal makes sense as the final step of an integration process, but it will take a long time probably within 15 and 20 years - to transform it into reality, which will be conditioned to the fulfilling of several requirements.