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

By: Contributor(s): Material type: BookBookPublication details: New Haven : Yale University Press, c2006.Description: xxxix, 255 p. : illSubject(s): Genre/Form: DDC classification:
  • 332.4/91724 22
LOC classification:
  • HG1496 .H56 2006eb
Online resources:
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.
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"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.

Electronic reproduction. Palo Alto, Calif. : ebrary, 2013. Available via World Wide Web. Access may be limited to ebrary affiliated libraries.

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