The international use of the US dollar: an optimum currency area perspective

Article Abstract:

The continued emergence of the US dollar as a leading international currency is being attributed to several factors, such as similarity of inflation rates and trade integration. The United States' impressive record in terms of its steady low inflation rate and strong trade performance makes its currency attractive in dealing with international transactions. The ability of the US economy to withstand external shocks also helps in making the US dollar a leading international currency.

Other General Government Support, Coinage & Currency, Analysis, Money, Dollar (United States)

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Towards a new international monetary order: the world currency unit and the global indexed bond

Article Abstract:

A new study of international monetary order argues that the use of a standardized currency basket would lower the exchange risk premium and the introduction of a standardized debt instrument will improve global capital market efficiency.

International aspects, Economic stabilization

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Is the case for economic and monetary union in the Caribbean realistic?

Article Abstract:

Issues relating to proposed monetary union for Caribbean countries are examined in detail.

Exchange Rates, Monetary unions, Caribbean Sea

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