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Does Mercosur Need a Single Currency?
Barry Eichengreen, Professor of Economics and Political Science, UC Berkeley
ABSTRACT: The issue of whether Mercosur needs closer macroeconomic policy harmonization, and in particular an exchange-rate stabilization agreement or even a single currency is discussed. Three views are offered on the links between exchange rates and regional integration. The option for monetary union is also considered.
SUGGESTED CITATION: Barry Eichengreen,
"Does Mercosur Need a Single Currency?"
(October 1, 1998).
Center for International and Development Economics Research.
Paper C98-103.
http://repositories.cdlib.org/iber/cider/C98-103
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