{
  "title": "Optimum Currency Areas: New Analytical and Policy Developments: New Analytical and Policy Developments",
  "publication": "Books, June 17, 1997",
  "sourceUrl": "https://www.imf.org/en/publications/books/issues/2016/12/30/optimum-currency-areas-new-analytical-and-policy-developments-new-analytical-and-policy-3249",
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  "summary": "Robert Mundell's pioneering theory of optimum currency areas is revisited, with experts from the IMF, the BIS, the European Investment Bank, academia, European think tanks, and the Bank of Israel looking at its current practical applications, especially in the context of the forthcoming European Eco",
  "sections": [
    {
      "heading": "Overview and scope",
      "content": "- Revisits Robert Mundell's pioneering theory of optimum currency areas.\n- Brings together experts from the IMF, the BIS, the European Investment Bank, academia, European think tanks, and the Bank of Israel.\n- Focuses on current practical applications of the theory, especially in the context of the forthcoming European Economic and Monetary Union (EMU).\n- Includes an update by Robert Mundell to help assess the implications and consequences of EMU."
    },
    {
      "heading": "Contributors and editorial details",
      "content": "- Edited by Leonardo Leiderman, Mario I. Bléjer, Mr. David M. Cheney, Mr. Jacob A. Frenkel, and Assaf Razin.\n- Publication date: June 17, 1997.\n- Format and access notes: More Formats on IMF eLibrary; Order a Print Copy available via the IMF eLibrary."
    },
    {
      "heading": "Key themes and subjects",
      "content": "- Conventional peg\n- Currencies\n- Economic integration\n- Exchange rate arrangements\n- Exchange rate flexibility\n- Exchange rates\n- Foreign exchange\n- Monetary unions\n- Money"
    },
    {
      "heading": "Keywords and geographic focus",
      "content": "- Africa\n- BOOK\n- business cycle activity\n- common currency\n- Conventional peg\n- Currencies\n- Eastern Europe\n- EMU entry\n- Europe\n- Exchange rate arrangements\n- Exchange rate flexibility\n- exchange rate float\n- Exchange rates\n- government\n- inflation\n- Monetary unions\n- policy\n- policy instrument\n- policy procedure\n- single currency\n- state product\n- Western Europe\n\n---\n\n\nSource: https://www.imf.org/en/publications/books/issues/2016/12/30/optimum-currency-areas-new-analytical-and-policy-developments-new-analytical-and-policy-3249"
    }
  ],
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    "Authors: Leonardo Leiderman",
    "Published: June 17, 1997",
    "Series: Books",
    "DOI: https://doi.org/10.5089/9781557756527.071",
    "Revisits Robert Mundell's pioneering theory of optimum currency areas.",
    "Brings together experts from the IMF, the BIS, the European Investment Bank, academia, European think tanks, and the Bank of Israel.",
    "Focuses on current practical applications of the theory, especially in the context of the forthcoming European Economic and Monetary Union (EMU).",
    "Includes an update by Robert Mundell to help assess the implications and consequences of EMU.",
    "Edited by Leonardo Leiderman, Mario I. Bléjer, Mr. David M. Cheney, Mr. Jacob A. Frenkel, and Assaf Razin.",
    "Publication date: June 17, 1997.",
    "Format and access notes: More Formats on IMF eLibrary; Order a Print Copy available via the IMF eLibrary.",
    "Conventional peg",
    "Currencies",
    "Economic integration",
    "Exchange rate arrangements",
    "Exchange rate flexibility",
    "Exchange rates",
    "Foreign exchange",
    "Monetary unions",
    "Money",
    "Africa",
    "BOOK",
    "business cycle activity",
    "common currency",
    "Conventional peg",
    "Currencies",
    "Eastern Europe",
    "EMU entry",
    "Europe",
    "Exchange rate arrangements",
    "Exchange rate flexibility",
    "exchange rate float",
    "Exchange rates",
    "government",
    "inflation",
    "Monetary unions",
    "policy",
    "policy instrument",
    "policy procedure",
    "single currency",
    "state product",
    "Western Europe"
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