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Lessons from Italy’s Monetary Unification (1862–1880) for the Euro and Europe’s Single Market

Leandro Conte, Gianni Toniolo, and Giovanni Vecchi

in The Economic Future in Historical Perspective

Published in print:
2006
Published Online:
January 2012
ISBN:
9780197263471
eISBN:
9780191734786
Item type:
chapter
Publisher:
British Academy
DOI:
10.5871/bacad/9780197263471.003.0011
Subject:
Economics and Finance, Economic History

This chapter examines the effects of monetary unification on market integration. It offers a new perspective on the Euro's likely effectiveness in achieving the ‘Single Market’ goal of European ... More


Hard Currency Pegs and Economic Performance

Sebastian Edwards and I. Igal Magendzo

in Money, Crises, and Transition: Essays in Honor of Guillermo A. Calvo

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262182669
eISBN:
9780262282284
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262182669.003.0007
Subject:
Economics and Finance, Econometrics

This chapter analyzes whether common currency countries—both dollarized and independent currency union countries—have outperformed countries that have a currency of their own. It shows that countries ... More


Why Should Emerging Economies Give up National Currencies? A Case for “Institutions Substitution”

Enrique G. Mendoza

in Money, Crises, and Transition: Essays in Honor of Guillermo A. Calvo

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262182669
eISBN:
9780262282284
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262182669.003.0006
Subject:
Economics and Finance, Econometrics

This chapter argues that abandoning national currencies to adopt a hard currency can be an effective policy for emerging economies to deal simultaneously with the lack of credibility of domestic ... More


Ghost Bills

C. Fred Blake

in Burning Money: The Material Spirit of the Chinese Lifeworld

Published in print:
2011
Published Online:
November 2016
ISBN:
9780824835323
eISBN:
9780824870379
Item type:
chapter
Publisher:
University of Hawai'i Press
DOI:
10.21313/hawaii/9780824835323.003.0008
Subject:
Anthropology, Asian Cultural Anthropology

This chapter focuses on ghost bills which, as a paper simulation of real money made from paper, seem to defeat the conceptual power of a “paper money” and thus appear more real than the other, older ... More


China and the End of Global Silver, 1873-1937

Austin Dean

Published in print:
2020
Published Online:
May 2021
ISBN:
9781501752407
eISBN:
9781501752421
Item type:
book
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9781501752407.001.0001
Subject:
History, Asian History

In the late nineteenth century, as much of the world adopted some variant of the gold standard, China remained the most populous country still using silver. Yet China had no unified national ... More


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