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Is there a case for a single currency for the South Pacific Islands

CollectionsPacific Economic Bulletin (1991-2010)
Title: Is there a case for a single currency for the South Pacific Islands
Author(s): Jayaraman, T.K.
Publisher: Crawford School of Public Policy, The Australian National University
Asia Pacific Press
Description: 
This article examines the case for the Pacific island countries to adopt a single currency by establishing a currency union on the basis of optimal currency area conditions, pre-union trade patterns, asymmetric economic shocks, labour mobility and fiscal transfers. It indicates that the Pacific island countries which have recently decided to form a free trade area would prefer to await the full effects of trade liberalisation before forging higher forms of integration.
URI: http://hdl.handle.net/1885/157676
ISSN: 1834-9455 (online)
0817-8038 (print)

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