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Playing monopoly with the devil [electronic resource] : dollarization and domestic currencies in developing countries / Manuel Hinds.

By: Hinds, Manuel.
Contributor(s): ebrary, Inc.
Publisher: New Haven : Yale University Press, c2006Description: xxxix, 255 p. : ill. ; 25 cm.Subject(s): Money -- Developing countries | Currency question -- Developing countries | Monetary policy -- Developing countriesGenre/Form: Electronic books.DDC classification: 332.4/91724 Online resources: An electronic book accessible through the World Wide Web; click to view
Contents:
The standard of value and the reversed liquidity trap -- The unfulfilled promises in the financial system -- The unfulfilled promises in trade and growth -- The costs of stability -- Missing financial globalization -- The financial risks of monetary regimes -- The currency origins of financial crises -- The myth of the lender of last resort -- The solution of crises and the aftermath -- The counterfactuals -- The conventional optimal currency area theory -- Toward a redefinition of an optimal currency area.

"A Council on Foreign Relations book."

Includes bibliographical references (p. 245-248) and index.

The standard of value and the reversed liquidity trap -- The unfulfilled promises in the financial system -- The unfulfilled promises in trade and growth -- The costs of stability -- Missing financial globalization -- The financial risks of monetary regimes -- The currency origins of financial crises -- The myth of the lender of last resort -- The solution of crises and the aftermath -- The counterfactuals -- The conventional optimal currency area theory -- Toward a redefinition of an optimal currency area.

TSLHHL

Electronic reproduction. Palo Alto, Calif. : ebrary, 2009. Available via World Wide Web. Access may be limited to ebrary affiliated libraries.