A History Of Monetary Unions

EMU may well be trumpeted as the great economic experiment in monetary union, but as John Chown shows in this book, there have been many other examples of monetary unions over the years - some successful, others not so. In this comprehensive historical overview, the author writes about monetary unions with completeness and covers such themes as: the gold standard; monetary unions in countries and areas from Latin America to The British Empire to Japan and Korea with many in between; EMU and its policy ramifications; and the CFA Franc zone in the former French colonies. A History of Monetary Unions combines historical analysis with present day context. The book should be of great interest to students and academics involved in the study of money, banking and finance. Not only this, it is also essential reading for anyone working in the financial sector. Review: The book is excellent as a chronicle of events. It is a useful reference volume on monetary history, with the virtue of being well readable cover to cover.. -Lawrence H. Oficcer, University of Illinois at Chicago, EH.NET, August 2004 ... this book describes many examples over the years. - Business Horizons, July-August 2004