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Helleiner finds little support in the U.S. for the concessions that would be necessary to make a North American monetary union palatable in Canada. Comparing the U.S. Federal Reserve and the European Monetary Union, he argues that the influence of Canada within a North American monetary union...
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Many believe that Canada's deepening economic integration with the United States and the worldwide trend towards currency blocs will eventually lead to a North American monetary union. In the first detailed analysis of Canadian exchange rate politics, Eric Helleiner challenges this view.
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The International Monetary Fund (IMF) is a pivotal multilateral institution in global economic governance tasked with ensuring monetary stability and preventing financial crises through promoting balanced trade, economic growth and poverty reduction. IMF research and expertise also play a...
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