Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

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Volume 4 Number 2 pp. 28-45

Micha&#322, Jurek

Pozna&#
3

2

4
; University of Economics, Poland

Development of the Optimum Currency Areas theory : some issues

Abstract: This paper gives a sketch of some theoretical foundations, showing the development of the Optimum Currency Areas theory. It presents OCA properties, the fulfillment of which is a precondition to consider a chosen geographic domain as an optimum currency area. It provides a background on some issues of cost and benefit analysis derived from participation in a currency area and from relinquishing monetary policy autonomy. The paper also shows the influence of theoretical and economic phenomena on reconsidering some of the OCA theory's elements. (original abstract)
pub/2004_2_28.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume4/issue2/2004_2_28.pdf
Keywords: Optimum Currency Areas (OCA), Currency unions, Monetary policy, Monetary integration, Economic integration, Exchange rates, Optymalny obszar walutowy, Unie walutowe, Polityka pieniężna, Integracja monetarna, Integracja gospodarcza, Kurs walutowy

For citation:

MLA Jurek, Micha&#. "Development of the Optimum Currency Areas theory : some issues." Economics and Business Review EBR 4.2 (): 28-45.
APA , (). Development of the Optimum Currency Areas theory : some issues. Economics and Business Review EBR 4(2), 28-45
ISO 690 JUREK, Micha&#. Development of the Optimum Currency Areas theory : some issues. Economics and Business Review EBR, , 4.2: 28-45.