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The book explores how diverse nations with conflicting policies can achieve global integration through a flexible external exchange rate system and a structured internal monetary regime. It delves into the complexities of money and monetary policy, utilizing historical, theoretical, philosophical, and empirical insights to analyze the implications of this arrangement. The study highlights the challenges and benefits of balancing national sovereignty with the need for cooperation in a globalized economy.
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Integration and Stabilization, George Macesich
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- Released
- 1996
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- (Hardcover)
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