: About Me

Born in 1983, and graduated from Department of Economics and Business, Gadjah Mada University Indonesia, my Specialization is monetary economics.

I love writing, telling you what's in my mind and share opinion. Thats main reason of me joining this community.

i want to show people that there is always another point of view to be considered

Politics, News & Issues > Political & Economic Theory Costs of a single global currency

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Single global currency which is mostly regarded as global monetary union has been dreamed and pursued by many developed countries since It is believed to bring pluses such what Baldwin (1991) has stated as elimination of transaction cost, improved allocation of common market capital, intensified cross-border competitive pressures, higher efficiency of corporate ownership, and increased output as result of reduced and converged inflation rates. The basic idea of monetary union is simply the same with what inside David Ricardo's theory of free international trade. It expects the efficient cr...

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