Será consistente a proposta de criação de uma união monetária no mercosul?
By: FERRARI FILHO, Fernando
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Contributor(s): PAULA, Luiz fernando de.
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ArticlePublisher: São Paulo : Editora 34, abr./jun. 2002Revista de Economia Política = Brazilian Journal of Political Economy 22, 2 , p. 174-182Abstract: This paper aims to discuss the proposal for monetary union in MERCOSUR in the light of the theory of Optimal Currency Area (OCA). It shows that there is no evidence that macroeconomic convergence can be reached in MERCOSUR, since the area only minimally achieved some basic criteria defined by the OCA literature
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This paper aims to discuss the proposal for monetary union in MERCOSUR in the light of the theory of Optimal Currency Area (OCA). It shows that there is no evidence that macroeconomic convergence can be reached in MERCOSUR, since the area only minimally achieved some basic criteria defined by the OCA literature
v. 22, n2 2(86)
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