Why Do Different Countries Use Different Currencies? /

During long periods of history, countries have pegged their currencies to an international standard (such as gold or the U.S. dollar), severely restricting their ability to create money and affect output, prices, or government revenue. Nevertheless, countries generally have maintained their own curr...

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Bibliographic Details
Main Author: Kocherlakota, Narayana
Other Authors: Krueger, Thomas
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/017
Online Access:Full text available on IMF