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A proposal of monetary integration among Mercosur countries

Author

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  • Fabio Giambiagi

Abstract

This paper deals with the possible future strengthening of the economic integrationamong the countries of Mercosur, similar to the European integration related to theMaastricht agreement. Some of the problems associated to the coordination of macroeconomicpolicies and the monetary unification are presented and the feasibility of an agreementsimilar to Maastricht by the members of Mercosur is defended. Finally, a proposal of schedule– to be announced in 2002 and to occur in the year 2012 – to achieve a monetary integrationamong Brazil, Argentina, Uruguay, Paraguay and eventually other countries is made. JEL Classification: E40; E50; F33.

Suggested Citation

  • Fabio Giambiagi, 1997. "A proposal of monetary integration among Mercosur countries," Brazilian Journal of Political Economy, Center of Political Economy, vol. 17(4), pages 479-506.
    • Handle: RePEc:ekm:repojs:v:17:y:1997:i:4:p:479-506:id:1181
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    More about this item

    Keywords

    Monetary union; Mercosur; economic integration; euro;
    All these keywords.

    JEL classification:

    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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