## Optimum Currency Areas: New Analytical and Policy Developments: New Analytical and Policy Developments

_Books, June 17, 1997_

## Source details

**Canonical URL:** [Optimum Currency Areas: New Analytical and Policy Developments: New Analytical and Policy Developments](https://www.imf.org/en/publications/books/issues/2016/12/30/optimum-currency-areas-new-analytical-and-policy-developments-new-analytical-and-policy-3249)

## Other formats

- [Markdown version](/en/publications/books/issues/2016/12/30/optimum-currency-areas-new-analytical-and-policy-developments-new-analytical-and-policy-3249/index.md)
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## Bibliographic details
- Authors: Leonardo Leiderman
- Published: June 17, 1997
- Series: Books
- DOI: https://doi.org/10.5089/9781557756527.071

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### Overview and scope
- 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.

### Contributors and editorial details
- 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.

### Key themes and subjects
- Conventional peg
- Currencies
- Economic integration
- Exchange rate arrangements
- Exchange rate flexibility
- Exchange rates
- Foreign exchange
- Monetary unions
- Money

### Keywords and geographic focus
- 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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_Source: https://www.imf.org/en/publications/books/issues/2016/12/30/optimum-currency-areas-new-analytical-and-policy-developments-new-analytical-and-policy-3249_