Currency Competition and Monetary Union

Abstract

General introduction -- General introduction -- One: Currency Competition -- I. The theory of currency competition -- II. The history of currency competition -- III. The history of monetary thought on currency competition -- IV. The current debate: The return to gold and the liberalization of banking -- Two: Monetary Union -- to Part Two. Which monetary integration? -- V. The European Monetary System -- VI. Is the adjustable peg a viable option? -- VII. Freely flexible exchange rates or a common currency? -- VIII. Exchange controls for ever? -- IX. Towards a better European Monetary System -- Appendix to Bibliographical Note (Lawrence H. White) -- The authors -- Index of names.