Results 1 to 10 of about 1,207 (113)
European Monetary Union. Convergences and Divergences in an Optimum Currency Area [PDF]
Theory stated that a country should adhere to a monetary area if that country has about the same development level as member states. Otherwise, less developed countries will bear more pronouncedly the effects of asymmetric shocks that may occur in an ...
Mihaela NECULITA, Adrian MICU
doaj +1 more source
A Model of an Optimum Currency Area
Luca Antonio Ricci
doaj +2 more sources
Many times ASEAN countries experienced economic crisis in 1997/1998 and financial crisis in 2008. The similar patterns of cisis among those countries make some researchers conduct research of single currency unification.
Feri Dwi Riyanto +2 more
doaj +1 more source
EMU – “Optimum” or “Viable” Currency Area?
Although the increasing heterogeneity as an effect of European Union enlargement, referring especially to the last two waves, is perceived as a single internal market and also euro single currency risk, European Monetary Union represents an important ...
Andreea Bucur
doaj +1 more source
Are ASEAN 5 Countries Suitable for Optimum Currency Area? Exchange Rate Approach
The issue of currency unification among ASEAN countries is often the concern of researchers given the reactive conditions of ASEAN countries to the 1997/1998 crisis and the 2008 financial crisis. This study aims to analyze the impact of ASEAN currencies (
Feri Dwi Riyanto
doaj +1 more source
A monetary union means ensuring unity in exchange rates, eliminating all restrictions on capital movements, and realizing convertibility among member countries. Although this concept is not new, the establishment of the European Monetary Union has led to
Mervan Selçuk, Şakir Görmüş
doaj +1 more source
Choice of an Exchange Rate Regime: the Role of Optimum Currency Area Theory
This lecture deals with the problem of the choice of exchange rate regime for fiat and fully convertible currencies. We begin with a review of different types of exchange rate regimes and discuss the difference between de jure and de facto regimes.
Julius Horvath
doaj +2 more sources
The Prospects of Creating an Optimum Currency Area among Asean Countries [PDF]
The article assesses the prospects of creating an optimum currency area (OCA) among ASEAN countries. To ensure sustainability of the creating currency zone, the potential candidate countries should meet the criteria of the OCA theory.
Yana Valeryevna Dyomina
doaj +1 more source
THE SINGLE CURRENCY FOR ISLAMIC NATIONS: DO HETEROGENEITIES MATTER?
The purpose of this study is to assess the readiness of 44 OIC member countries to form a currency union and to test whether the Optimum Currency Area (OCA) criteria remain relevant to a large region like the OIC.
Memet Agustiar
doaj +1 more source
Should the West African countries form a currency union?
This paper examines whether or not the Economic Community of West African States (ECOWAS), comprising fifteen countries, constitutes an Optimum Currency Area (OCA).
TO Akinbobola, AE Akinlo
doaj +1 more source

