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A Contemporary Concept of Monetary Sovereignty | Oxford Scholarship Online
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A Contemporary Concept of Monetary Sovereignty

Claus D. Zimmermann

Abstract

This book analyses whether the concept of monetary sovereignty is evolving under the impact of economic globalization and increasing financial integration, and assesses what this implies. Chapter 1 reviews the origins of the concept of monetary sovereignty and concludes that, as a dynamic concept with both positive and normative components, monetary sovereignty cannot become eroded under the impact of legal and economic constraints. Chapter 2 examines the ongoing hybridization of international monetary law arising from changes in the sources of this body of law, from the unsuitability of the c ... More

Keywords: Monetary sovereignty, globalization, financial integration, monetary stability, financial stability, international financial architecture, exchange rate misalignment, monetary unions, IMF, Global Financial Crisis

Bibliographic Information

Print publication date: 2013 Print ISBN-13: 9780199680740
Published to Oxford Scholarship Online: January 2014 DOI:10.1093/acprof:oso/9780199680740.001.0001

Authors

Affiliations are at time of print publication.

Claus D. Zimmermann, author
Associate, Sidley Austin LLP