Exchange Rate Policy for MERCOSUR:- Lessons from the European Union
| Titel: | Exchange Rate Policy for MERCOSUR:- Lessons from the European Union |
|---|---|
| Verfasser: | |
| Ausgabe: | 1st, New ed. |
| Veröffentlicht: | [Erscheinungsort nicht ermittelbar], 1998 |
| Format: | E-Book |
| Sprache: | Englisch |
| Schriftenreihe/ mehrbändiges Werk: |
Schriften zur Wirtschaftstheorie und Wirtschaftspolitik ; 9 |
| RVK-Notation: | Vorliegende Ausgabe: | Online-Ausgabe: Frankfurt a.M.: Peter Lang GmbH, 2018. - 1 Online-Ressource. |
| Andere Ausgaben: |
Elektronische Reproduktion von: Marengo, Silvia. Exchange Rate Policy for MERCOSUR:- Lessons from the European Union. - [Erscheinungsort nicht ermittelbar], 1998
|
| ISBN: | 9783631751374 ; 9783631327913 |
X
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MERCOSUR, the Common Market of the South, represents an important economic integration area that generates a GDP of $US 600 billion, providing a market of 200 million people spread over an area of 12 million square km. Initially, MERCOSUR performance has been more than successful, as intra-MERCOSUR trade has increased significantly. However, the elimination of intra-MERCOSUR tariffs will not be efficient if at the same time the sharp variability of nominal exchange rates artificially affects the relative prices of different products. The question as to the choice of the optimal exchange rate system to be adopted among MERCOSUR countries becomes critical if MERCOSUR states attempt to go further along the path of increasing their trade flows of goods and services. The study contributes to filling this gap by providing some alternative answers to this issue. The analysis has been based on three pillars: a theoretical review of exchange rate systems; a review of the European experience; and an analysis of the Latin American experience. lok: 44759562 3 101B $024-02-20 $t19:09:03.000 101C $015-04-19 101U $0utf8 145S/01 $a008 145S/02 $a007 exp: 44759562 3 1 #EPN 201B/01 $010-04-19 $t22:41:13.611 201C/01 $010-04-19 201U/01 $0utf8 203@/01 $01049953746 204P/01 $010.3726/b13696 $S0 208@/01 $a10-04-19 $bl lok: 44759562 5 exp: 44759562 5 1 #EPN 201B/01 $018-05-19 $t22:44:15.628 201C/01 $018-05-19 201U/01 $0utf8 203@/01 $01051532353 204P/01 $010.3726/b13696 $S0 208@/01 $a18-05-19 $bl lok: 44759562 8 exp: 44759562 8 1 #EPN 201B/01 $010-04-19 $t22:41:13.614 201C/01 $010-04-19 201U/01 $0utf8 203@/01 $01049953754 204P/01 $010.3726/b13696 $S0 208@/01 $a10-04-19 $bl lok: 44759562 10 exp: 44759562 10 1 #EPN 201B/01 $010-04-19 $t22:41:13.618 201C/01 $010-04-19 201U/01 $0utf8 203@/01 $01049953762 204P/01 $010.3726/b13696 $S0 208@/01 $a10-04-19 $bl lok: 44759562 11 exp: 44759562 11 1 #EPN 201B/01 $018-05-19 $t22:44:15.630 201C/01 $018-05-19 201U/01 $0utf8 203@/01 $01051532361 204P/01 $010.3726/b13696 $S0 208@/01 $a18-05-19 $bl lok: 44759562 20 exp: 44759562 20 1 #EPN 201B/01 $010-04-19 $t22:41:13.621 201C/01 $010-04-19 201U/01 $0utf8 203@/01 $01049953770 204P/01 $010.3726/b13696 $S0 208@/01 $a10-04-19 $bl lok: 44759562 21 exp: 44759562 21 1 #EPN 201B/01 $010-04-19 $t22:41:13.624 201C/01 $010-04-19 201U/01 $0utf8 203@/01 $01049953789 204P/01 $010.3726/b13696 $S0 208@/01 $a10-04-19 $bl lok: 44759562 23 exp: 44759562 23 1 #EPN 201B/01 $010-04-19 $t22:41:13.628 201C/01 $010-04-19 201U/01 $0utf8 203@/01 $01049953797 204P/01 $010.3726/b13696 $S0 208@/01 $a10-04-19 $bl lok: 44759562 24 exp: 44759562 24 1 #EPN 201B/01 $018-05-19 $t22:44:15.633 201C/01 $018-05-19 201U/01 $0utf8 203@/01 $0105153237X 204P/01 $010.3726/b13696 $S0 208@/01 $a18-05-19 $bl lok: 44759562 25 exp: 44759562 25 1 #EPN 201B/01 $010-04-19 $t22:41:13.631 201C/01 $010-04-19 201U/01 $0utf8 203@/01 $01049953800 204P/01 $010.3726/b13696 $S0 208@/01 $a10-04-19 $bl lok: 44759562 36 exp: 44759562 36 1 #EPN 201B/01 $014-10-22 $t23:42:32.988 201C/01 $014-10-22 201U/01 $0utf8 203@/01 $01216014914 204P/01 $010.3726/b13696 $S0 208@/01 $a14-10-22 $bl lok: 44759562 49 exp: 44759562 49 1 #EPN 201B/01 $004-03-20 $t22:46:41.930 201C/01 $004-03-20 201U/01 $0utf8 203@/01 $01084984687 204P/01 $010.3726/b13696 $S0 208@/01 $a04-03-20 $bl lok: 44759562 54 exp: 44759562 54 1 #EPN 201B/01 $004-03-20 $t22:46:41.940 201C/01 $004-03-20 201U/01 $0utf8 203@/01 $01084984695 204P/01 $010.3726/b13696 $S0 208@/01 $a04-03-20 $bl lok: 44759562 108 exp: 44759562 108 1 #EPN 201B/01 $004-03-20 $t22:46:41.948 201C/01 $004-03-20 201U/01 $0utf8 203@/01 $01084984709 204P/01 $010.3726/b13696 $S0 208@/01 $a04-03-20 $bl lok: 44759562 204 exp: 44759562 204 1 #EPN 201B/01 $010-04-19 $t22:41:13.634 201C/01 $010-04-19 201U/01 $0utf8 203@/01 $01049953819 204P/01 $010.3726/b13696 $S0 208@/01 $a10-04-19 $bl lok: 44759562 205 exp: 44759562 205 1 #EPN 201B/01 $010-04-19 $t22:41:13.637 201C/01 $010-04-19 201U/01 $0utf8 203@/01 $01049953827 204P/01 $010.3726/b13696 $S0 208@/01 $a10-04-19 $bl
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| 490 | 0 | |a Schriften zur Wirtschaftstheorie und Wirtschaftspolitik |v 9 | |
| 520 | |a In January 1995, four Latin American countries, Argentina, Brazil, Uruguay and Paraguay joined their destinies within a common and ambitious enterprise called MERCOSUR. MERCOSUR, the Common Market of the South, represents an important economic integration area that generates a GDP of $US 600 billion, providing a market of 200 million people spread over an area of 12 million square km. Initially, MERCOSUR performance has been more than successful, as intra-MERCOSUR trade has increased significantly. However, the elimination of intra-MERCOSUR tariffs will not be efficient if at the same time the sharp variability of nominal exchange rates artificially affects the relative prices of different products. The question as to the choice of the optimal exchange rate system to be adopted among MERCOSUR countries becomes critical if MERCOSUR states attempt to go further along the path of increasing their trade flows of goods and services. The study contributes to filling this gap by providing some alternative answers to this issue. The analysis has been based on three pillars: a theoretical review of exchange rate systems; a review of the European experience; and an analysis of the Latin American experience. | ||
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