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Economic History of Developing Regions
This article examines the 1949 monetary reform in French Somaliland, when the French government replaced the colonial franc with a currency board pegged to the US dollar – breaking with the franc zone but without granting autonomy.
Moustapha Aman
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This article examines the 1949 monetary reform in French Somaliland, when the French government replaced the colonial franc with a currency board pegged to the US dollar – breaking with the franc zone but without granting autonomy.
Moustapha Aman
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Sovereignty and Monetary Integration
2019This chapter illustrates how monetary theory, especially the concept of the four functions of money (medium of exchange, unit of account, store of value and means of deferred payment), can be integrated into the concept of a hierarchy of nested social institutions and public goods.
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On-line Journal Modelling the New Europe
The article examines the impact of Ukraine’s cooperation with the European Union and the International Monetary Fund on the sovereignty of Ukraine. Analysing this cooperation, the authors show how collaboration, which is interpreted by some political ...
O. Poshedin, Yurii Melnik
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The article examines the impact of Ukraine’s cooperation with the European Union and the International Monetary Fund on the sovereignty of Ukraine. Analysing this cooperation, the authors show how collaboration, which is interpreted by some political ...
O. Poshedin, Yurii Melnik
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2000
Abstract In a famous dictum in the Serbian and Brazilian Loans cases, the Permanent Court 5.01of International Justice stated: ‘it is indeed a generally accepted principle that a state is entitled to regulate its currency’. This statement is quoted in most studies on the public international law of money and is generally seen as ...
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Abstract In a famous dictum in the Serbian and Brazilian Loans cases, the Permanent Court 5.01of International Justice stated: ‘it is indeed a generally accepted principle that a state is entitled to regulate its currency’. This statement is quoted in most studies on the public international law of money and is generally seen as ...
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Macroeconomic Sovereignty in the European Economic and Monetary Union: A Republican Approach
Political StudiesThe Economic and Monetary Union has fundamentally changed how fiscal and monetary powers are exercised over democratic publics which raise the question of whether a normative vision of macroeconomic sovereignty is compatible with membership within the ...
Stefano Merlo
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What Use Is Monetary Sovereignty?
2003Abstract This chapter discusses the meaning, purpose, scope, and expected benefits of monetary sovereignty. Monetary sovereignty has become the focus of recent debates on dollarization, currency boards, and monetary unions. Concerns have been raised that replacing a national central bank with any of these monetary systems would reduce ...
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Pakistan – International Monetary Fund: Aid or Challenge to Economic Sovereignty?
World Economy and International RelationsPakistan has faced economic challenges in recent years amid rising global crude oil prices and hydrocarbon import bills: free fall of the rupee, high interest rates, elevated fiscal deficits, 37% inflation, falling stock market, and as a result ...
N. Zamaraeva
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The Conservatives and Monetary Sovereignty
2015It is often said that Edward Heath ‘was at heart an ideological European’: ‘He had been a member of Jean Monnet’s Action Committee for the United States of Europe and made his maiden Parliamentary speech on the need for a united Europe.’1 However, an in-depth look at Heath’s view of sovereignty suggests that it underwent a considerable change as the ...
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National sovereignty and international monetary order
Journal of International Economics, 1990Abstract The choice of exchange-rate regime is examined in a three-country model in which the regime chosen by one country affects other countries' opportunities. It is shown that the interaction of different countries' choices of exchange-rate regime may be characterized by either strategic complementarity or strategic substitution.
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The Illusion of Monetary Sovereignty
2013In our modern age, most economies are open—if economic and financial openness is defined as exposure to cross-border flows of goods, services, labor and financial funds. Openness has become the normal state of contemporary market-based economies: they are organically engaged in foreign trade, and are parties to international conventions and ...
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