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Regional Currency Unions and Supranational Currency

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Поле Значение
 
Заглавие Regional Currency Unions and Supranational Currency
 
Автор Asaliev, A. M.
Jusim, V. N.
Tarkhova, L. S.
 
Тематика REGIONAL CURRENCY
SUPRANATIONAL CURRENCY
THE PURCHASING POWER OF CURRENCIES' BENCHMARK
WORLD CURRENCY
 
Описание Creation of voluntary regional economic alliances of independent countries was an important area of development of the regional and world economy at the end of XX-th century. They arise as a reaction on the dominance of the world’s few national currencies, playing a world level role. A basic feature characterizes trade relations in the framework of such alliances — a departure from the world’s currencies and the use of specially created regional ones. Practically the main obstacle to the emergence and spread of such unions is instability of regional currencies associated with their binding to one of the national currencies of the country — a member of the Union or to the gold standard. The article describes the theoretical solution and practical mechanism for creating independent of any national currency or gold, a supranational currency. The purchasing power of such a currency is determined by a specially created benchmark of purchasing power. It is demonstrated that the currency of this type allows using regional currencies without discrimination of member countries of the regional union. Also, there are given arguments about the prospect of using such currencies as the world’s.
 
Дата 2024-04-17T11:46:14Z
2024-04-17T11:46:14Z
2014
 
Тип Article
Journal article (info:eu-repo/semantics/article)
Published version (info:eu-repo/semantics/publishedVersion)
 
Идентификатор Asaliev A. M. Regional Currency Unions and Supranational Currency / A. M. Asaliev, V. N. Jusim, L. S. Tarkhova // Economy of Region. — 2014. — Iss. 1. — P. 202-210.
2411-1406
2072-6414
http://elar.urfu.ru/handle/10995/131919
10.17059/2014-1-19
84979838050
 
Язык en
 
Связанные ресурсы Экономика региона. 2014. Выпуск 1
 
Права Open access (info:eu-repo/semantics/openAccess)
 
Формат application/pdf
 
Издатель Institute of Economics, Ural Branch of the Russian Academy of Sciences
Институт экономики Уральского отделения РАН
 
Источник Econ. Reg.
Economy of Region