Contents -- Contributors -- Introduction -- Part I: General Analysis -- A Visionary's View -- 1 Currency Areas, Exchange Rate Systems, and International Monetary Reform -- De Facto Dollarization -- 2 Unofficial Dollarization in Latin America: Currency Substitution, Network Externalities, and Irreversibility -- Pros and Cons -- 3 The Pros and Cons of Full Dollarization -- 4 Is It Time for a Common Currency for the Americas? -- 5 Dollarization: Myths and Realities -- 6 What Problems Can Dollarization Solve? -- 7 What Use Is Monetary Sovereignty? -- One Regime for All Countries? -- 8 The OCA Approach to Exchange Rate Regimes: A Perspective on Recent Developments -- 9 Dollarization Does Not Make Sense Everywhere -- 10 The Problem of Dollar Encroachment in Emerging Markets -- 11 Which Countries in the Americas Should Dollarize? -- 12 Pressures for Currency Consolidation in Insurance and Finance: Are the Currencies of Financially Small Countries on the Endangered List? -- Part II: Political Economy -- 13 Monetary Union: The Political Dimension -- 14 Latin American Official Dollarization: Political Economy Aspects -- 15 The Political Economy of Dollarization in Mexico -- 16 Lessons of the Euro for Dollarization: Analytic and Political Economy Perspectives -- Part III: North America -- 17 North American Currency Integration: A Canadian Perspective -- 18 The Merit of a North American Monetary Union -- 19 Why Canada Needs a Flexible Exchange Rate -- Part IV: Latin America -- 20 Should Latin America's Common-Law Marriage to the U.S. Dollar Be Legalized? Should Canada's? -- 21 What Exchange Rate Arrangement Works Best for Latin America? -- 22 A Dollarization/Free-Banking Blueprint for Argentina -- 23 Argentina's Currency Board and the Case for Macroeconomic Policy Coordination in Mercosur -- 24 Cuba: "Dollarization" and "Dedollarization" -- Index -- A -- B.

C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U -- V -- W -- Y -- Z.