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Politics : Council on Foreign Relations (CFR) and the New World Order
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From: Sidney Reilly12/17/2007 1:50:14 AM
   of 512
 
This CFR book may outline the progression to a one world currency. The international bankers of Wall St. would love that. No more currency fluctuations or exchange rates. The CFR is not sleeping. They are hard at work.

Regional Monetary Integration

Authors: Peter B. Kenen, Adjunct Senior Fellow for International Economics
Ellen Meade, Associate Professor, American University
A CFR Book. Cambridge University Press

November 2007

Overview

"This book surveys the prospects for regional monetary integration in various parts of the world. Beginning with a brief review of the theory of optimal currency areas, it goes on to examine the structure and functioning of the European Monetary Union, then turns to the prospects for monetary integration elsewhere in the world—North America, South America, and East Asia. Such cooperation may take the form of full-fledged monetary unions or looser forms of monetary cooperation. Regional Monetary Integration emphasizes the economic and institutional requirements for successful monetary integration, including the need for a single central bank in the case of a full-fledged monetary union and the corresponding need for multinational institutions to safeguard the bank’s independence and assure its accountability. The book concludes with a chapter on the implications of monetary integration for the United States and the U.S. dollar."

cfr.org
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