Jump to ContentJump to Main Navigation
A Contemporary Concept of Monetary Sovereignty$
Users without a subscription are not able to see the full content.

Claus D. Zimmermann

Print publication date: 2013

Print ISBN-13: 9780199680740

Published to Oxford Scholarship Online: January 2014

DOI: 10.1093/acprof:oso/9780199680740.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 15 December 2019

A Revision of the Concept of Monetary Sovereignty 1

A Revision of the Concept of Monetary Sovereignty 1

(p.7) 1 A Revision of the Concept of Monetary Sovereignty1
A Contemporary Concept of Monetary Sovereignty

Claus D. Zimmerman

Oxford University Press

Large parts of the literature analyse monetary sovereignty as a static catalogue of state competences in monetary and financial matters. Approaching the concept of monetary sovereignty that way invites the undertaking of judgments over the degree to which a given state has preserved or lost its monetary sovereignty. The approach adopted in this chapter is different as it examines whether the concept of monetary sovereignty itself, as a dual concept that possesses not only positive but also increasingly important normative components, is subject to evolution. After a review of the conceptual foundations and underlying legal theories of money and monetary sovereignty, this opening chapter assesses the conceptual evolution of monetary sovereignty under the impact of contemporary constraints on its exercise. Finally, the chapter looks into the conceptual implications of the proposed new understanding of monetary sovereignty for the evaluation of the exercise of sovereign powers in the realm of money.

Keywords:   Monetary sovereignty, conceptual evolution, sovereign powers, state competences, legal theories of money, positive and normative

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .