"The past twenty years have seen two waves of research on currency unions, prompted by the early experience of the European Economic and Monetary Union and by the existential crisis experienced by the euro area as a part of the global financial crisis. Alongside an original introduction, this...

Recommended readings (Machine generated): 1. Harris Dellas and George S. Tavlas (2009), 'An Optimum-Currency-Area Odyssey', Journal of International Money and Finance, 28 (7), November, 1117-37 -- 2. Alberto Alesina, Robert J. Barro and Silvana Tenreyro (2002), 'Optimal Currency Areas', NBER...