Integration And Stabilization: A Monetary View [Hardcover]

This study argues that owing to the wide diversity of nations, their often conflicting policies, and insistence on preserving their sovereignty, the processes of worldwide integration are facilitated by tying these countries together in a system of flexible exchange rates externally, while putting in place a rules-oriented monetary regime internally. The examination of the various issues involved in such an arrangement focuses on money and monetary policy drawing on historical, theoretical, philosophical, and empirical results.GEORGE MACESICH is Professor of Economics and Director of the Institute for Comparative Policy Studies at Florida State University. He is the author of many books includingSuccessor States and Cooperative Theory(Praeger, 1995),Monetary Reform in Former Socialist Economieswith D. Dimitrijevic (Praeger, 1994), andMonetary Policy and Politics(Praeger, 1992).

Introduction
A New World Order?
Ethnic Politics and Religion
Past and Present Monetary Regimes
A New World Monetary System?
Monetary Policy: Bureaucratic and Political Interaction
Economic Philosophies and Political Economy
Market Democracy: An Organizing Principle
Emerging Economic Systems
Political and Economic Freedom
Integration and Stability: Problems and Prospects
Bibliography
Index