Working Papers
Working Paper 127
Proposal for a Common Currency among Rich Democracies
Richard N. Cooper
The opinions are strictly those of the authors and in no way commit the OeNB.
One World Money, Then and Now
Michael Bordo and Harold James
June 9, 2006
Editorial
On February 24 to 25, 2006 an international workshop on “Regional and International Currency Arrangements” was held in Vienna. It was jointly organized by George Tavlas (Bank of Greece) and Eduard Hochreiter (Oesterreichische Nationalbank). Academic economists and researchers from central banks and international organizations presented and discussed current research and tried to review and assess the past experience with and the future challenges for international currency arrangements. A number of papers and the contributions by the discussants presented at this workshop are being made available to a broader audience in the Working Paper series of the Oesterreichische Nationalbank and simultaneously also in the Working Paper Series of the Bank of Greece. The papers and the discussants comments will be published in International Economics and Economic Policy. This volume contains the sixth of these papers. The first ones were issued as OeNB Working Paper No. 120 to 122 and No. 125 to 126. This Working Paper contains two papers on the topic “What About a World Currency?”, one more affirmative and the other more critical. In addition to the papers by Richard Cooper and Michael Bordo and Harold James the Working Paper also contains the contribution of the designated discussant Sergio Schmukler.
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Working Paper 127 (582 KB)
Overview