Download or read book Dollarization in Canada written by John David Murray and published by . This book was released on 2002 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The possible potential benefits of Canada formally adopting the US dollar -- is this debate irrelevant since the Canadian economy is already highly 'dollarized"?, etc. --Abstract.
Download or read book On the Canadian Dollar written by John Earl Floyd and published by . This book was released on 1985 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Preface: In addition to its insightful analysis of the public policy implications of the Canadian dollar, this monograph does much more. In Chapter 1 it sets the stage and presents a number of popular fallacious views about the dollar crisis. Chapter 2 examines recent trends in unemployment, inflation, domestic and foreign interest rates, and in the value of our dollar in terms of the U.S. dollar and other major currencies. Chapter 3 then proceeds with an analysis of the fundamental factors determining the international value of the Canadian dollar in the long run. The short-run factors determining the dollar's value are addressed in Chapter 4, followed by a discussion of the relationship between interest rates and the dollar in Chapter 5. Chapter 6 investigates the reasons for the most recent decline in the dollar and considers what, if anything, can and should be done about it. The final chapter deals with the question of whether we should be losing any sleep over the problems of the Canadian dollar.
Download or read book Regional Perspectives on Dollarization in Canada written by Michel A. R. Beine and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we investigate whether it is preferable for Canadian regions to individually adopt the U.S. dollar or to remain with the current currency arrangement. The empirical analysis focuses on the cross-correlations of various business cycle measures of Canadian regions, of Canada, and of the United States. The business cycle investigation is completed by the analysis of two other important criteria for optimum currency areas, industrial specialization and trade interdependence. Our results highlight a significant heterogeneity across Canadian provinces. In particular, it transpires that it could be economically advantageous for the central provinces of Ontario and Quebec and to a lesser extent British Columbia to adopt the U.S. dollar. In contrast, it is not as clear what the other regions should do, the final answer depending on the path the larger three provinces take.
Download or read book Monetary Integration and Dollarization written by Matias Vernengo and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together an impressive and diverse group of authors to discuss its central theme: whether or not the dollarized international monetary system is sustainable in the context of the global economy it helped create. In addition to its uniquely well-rounded and comprehensive coverage of the issues, this lively and highly readable volume provides an accurate assessment of the lack of consensus in the current debate. A must read for anyone interested in currency crises and the increasing vulnerability of the dollar. Jane D Arista, Director of Progams, Financial Markets Center, US This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly, the book argues, the main advantage of monetary integration in the OCA context is the reduction of transaction costs, yet the validity of OCA to analyze processes of monetary integration seems to be limited at best. The contributors in this volume try to go beyond the OCA model and understand the political economy of monetary integration by comparing the European Monetary Union with the dollarization (formal and informal) process in Latin America. The contributors, many of whom are leading lights, reflect the disagreements and the changing views on the proper monetary arrangements in a globalized world and suggest that monetary integration and dollarization are not the solution for the great majority of countries around the world. Monetary Integration and Dollarization brings together mainstream and heterodox views of monetary integration and uses the European and North American experiences as a guide for the discussion of dollarization in developing countries. It will appeal to scholars, researchers and policy makers in the fields of financial and international economics.
Download or read book Exchange rate Regimes written by Blayne Haggart and published by . This book was released on 1999 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Towards North American Monetary Union written by Eric Helleiner and published by McGill-Queen's Press - MQUP. This book was released on 2006 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many believe that Canada's deepening economic integration with the United States and the worldwide trend towards currency blocs will eventually lead to a North American monetary union. In the first detailed analysis of Canadian exchange rate politics, Eric Helleiner challenges this view.Helleiner finds little support in the US for the concessions that would be necessary to make a North American monetary union palatable in Canada. Comparing the US Federal Reserve and the European Monetary Union, he argues that Canada would exercise far less influence within a North American monetary union than individual countries do within the European community. He also analyses the seemingly paradoxical support of Quebec sovereignists for free trade and monetary union.Towards North American Monetary Union'explores Canada's unusually strong commitment throughout the twentieth century to a floating exchange rate for its national currency - a commitment that Heilleiner argues is likely to endure.
Download or read book Exchange rate Regimes written by Canada. Parliamentary Research Branch and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The long-term depreciation of the Canadian dollar against the US dollar has caused increasing concern that the low dollar is adversely affecting productivity and Canadians' standard of living. Consequently, those who criticize floating rates for Canada have suggested considering greater exchange-rate fixity with the US dollar, including the options of dollarization or adoption of a common, possibly North American, currency. This paper explains the effects of the exchange rate on the economy and sets out the pros and cons for the spectrum of possible exchange-rate regimes, including fixed rates, floating rates, and intermediate systems.
Download or read book A History of the Canadian Dollar written by James Powell and published by . This book was released on 2005 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Dollarization Debate written by Dominick Salvatore and published by Oxford University Press. This book was released on 2003-03-27 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes a global approach, with an emphasis on North and Latin America respectfully, by discussing one of today's most controversial topics in business; Dollarization. With the collapse of the former Soviet Union, and the formation of the Euro in Europe, many countries and debating whether or not a common currency is in their best interest. This intriguing volume brings together the leading participants in the current dollarization debates. Many advocate the notion of a common currency, while others feel that in doing so will create financial costs for all that take part, with the severity varying from country to country.
Download or read book The Rising Dollar written by Canada. Parliament. Senate. Standing Committee on Foreign Affairs and published by . This book was released on 2003 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Rising Dollar written by and published by . This book was released on 2003 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Canadian dollar has appreciated sharply since the beginning of 2003, resulting in renewed interest in the movement of the Canada-United States exchange rate and its effects on bilateral trade and the Canadian economy. This report begins with a discussion of the trends that have been observed in the dollar's movement, both recent and historical. The determinants of these currency fluctuations over time are explained, and consideration given to both internal and external influences on the dollar's recent appreciation. The report then presents an assessment of the economic impacts of the dollar's rise, from both a general and sectoral point of view. The report concludes with a discussion of the appropriateness of the existing exchange rate regime in Canada.
Download or read book The Floating Canadian Dollar written by Paul Wonnacott and published by Washington : American Enterprise Institute for Public Policy Research. This book was released on 1972 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dollarization in Canada written by John Murrary and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dollarization written by Louis-Phillipe Rochon and published by Routledge. This book was released on 2003-05-22 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: The international array of contributors have managed quite a feat - an interesting book that expertly draws comparisons between dollarization and Euroland. This study is a must for anyone interesting in the world of international finance.
Download or read book Should Canadian Regions Adopt the U S Dollar written by Michel Beine and published by Department of Economics, University of Ottawa = Dép. de science économique, Univeristé d'Ottawa. This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Canadian Dollar 1948 1962 written by Paul Wonnacott and published by . This book was released on 1965 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Canadian Dollar Chaos written by William B. Z. Vukson and published by G7Books. This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trading at a premium to the U.S. dollar in the early 1970s, it was not until the Bretton Woods system of pegged exchange rates collapsed under the strains of the Viet Nam war in 1972, that brought a sudden state of chaos to the historical relationship between the two North American dollars. As a series of Free Trade Agreements negotiated in the 1990s raised Canada's dependence on one of the largest free markets in the world, the Canadian dollar appeared increasingly vulnerable to Canadian industrial and trade policy. As one of the world's oldest currencies challenges its all-time historical lows, a vital debate rages over the benefits of having just one major currency spanning both the U.S. and Canada. This book presents a concise "living history" of the economic and financial life of Canada during one of the most revolutionary decades in modem memory (1990-2000).
