The ‘Gänseliesel’ (Goose Girlis), a historical fountain erected in 1901, represents the most well-known landmark of the city of Goettingen.
 

South-South Regional Monetary Cooperation: Mere Myth or New Opportunity for Financial Stability?

Laurissa Mühlich

 

Abstract

Small and undiversified financial markets remain a characterizing monetary policy constraint and impediment for financial stability for the majority of developing countries and emerging markets. Does south-south regional monetary cooperation mitigate these problems? The paper presents a comparative perspective on regional monetary cooperation in South East Asia, South Africa and South America, and its potential contribution to financial market development and de-dollarization.

 

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