Optimum currency area
id:
optimum-currency-area-304-12138168
title:
Optimum currency area
text:
In economics, an optimum currency area (OCA) or optimal currency region (OCR) is a geographical region in which it would maximize economic efficiency to have the entire region share a single currency. The underlying theory describes the optimal characteristics for the merger of currencies or the creation of a new currency. The theory is used often to argue whether or not a certain region is ready to become a currency union, one of the final stages in economic integration. An optimal currency are
brand slug:
wiki
category slug:
encyclopedia
description:
Geographical region which efficiently shares a single currency
original url:
https://en.wikipedia.org/wiki/Optimum_currency_area
date created:
date modified:
2024-01-15T04:53:15Z
main entity:
{"identifier":"Q391903","url":"https://www.wikidata.org/entity/Q391903"}
image:
fields total:
13
integrity:
14