This work argues that Western governments, anxious about economic disarray in the former Soviet Union, should not insist upon the maintenance of a single currency, but should seek monetary stability either through effective central control or, contrary to conventional wisdom, by the adoption of independent currencies by the republics.
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This work argues that Western governments, anxious about economic disarray in the former Soviet Union, should not insist upon the maintenance of a single currency, but should seek monetary stability either through effective central control or, contrary to conventional wisdom, by the adoption of independent currencies by the republics.
Read Less
