Slide 1A Grundtvig Project at Cartagena Centre of Education for Adult Persons (CEPA) Slide 2 Project background: a) Formal Perspective - Initial interest to a new European…
Slide 11 2. The Euro Zone as an Optimum Currency Area Costs and Benefits of a Monetary Union Slide 2 2 OCA Theory: Definition and Evolution Pioneered by Mundell (1961), McKinnon…
Slide 1 Type author names here Economics of Monetary Union 9e Introduction Paul De Grauwe Slide 2 De Grauwe: Economics of Monetary Union 9e Outline of the course Part I:…
Slide 1 Outline of the course Part I: The theory of optimal currency areas (OCA) –The costs of a monetary union –The benefits of a monetary union –Costs and benefits…
Slide 1 Lectures 14-15: Exchange Rate Regimes Slide 2 Professor Jeffrey Frankel Topics to be covered I. Classifying countries by exchange rate regime II. Advantages of fixed…