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Different Approaches On Contemporary International Money

Author

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  • Liviu C. ANDREI

    (Associate Professor at ‘National University of Political and Administrative Sciences’, Bucharest. Faculty of Public Administration)

Abstract

Two theories do regard the today international money, (1) international monetary system (IMS) and (2) optimum currency area. The previous stays more related to presumable postwar international monetary order, i.e. stability, whereas the latter rather relates to the European integration process and even more interesting is that not only European scholars involved in such research undertakings. Interestingly, once more, the two thinking areas keep similarities and differences of particular significances. And that will be seen here below in a comparative analysis.

Suggested Citation

  • Liviu C. ANDREI, 2016. "Different Approaches On Contemporary International Money," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 43(1), pages 14-20, September.
    • Handle: RePEc:ath:journl:v:43:y:2016:i:1:p:14-20
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    More about this item

    Keywords

    money representative; fiat; neutral; international; barter; international monetary system; common currency; optimum currency area; price system; market; monetary policy.;
    All these keywords.

    JEL classification:

    • E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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