New Issues in Regional Monetary Coordination

"New Issues in Regional Monetary Coordination" is an academic book that addresses the challenges and concepts of regional monetary coordination. It offers a nuanced analysis of the monetary relationships between different regions, particularly between Northern and Southern countries. The book develops a new conceptual framework that highlights the differences between international currency coordination models and the specific challenges faced by countries with high external debt. By examining case studies from various regions, including Eastern Europe, North and South America, as well as Africa and Asia, it paints a comprehensive picture of current monetary dynamics and the associated macroeconomic instabilities. The author, Barbara Fritz, provides valuable insights into the various approaches to monetary coordination, ranging from ad-hoc exchange rate agreements to supranational currency projects.