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International Economics

Western Michigan University

Honors Theses

Regionalism

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Common Currency Examined In Latin America, Jack William Mccloskey May 2011

Common Currency Examined In Latin America, Jack William Mccloskey

Honors Theses

Maintaining a stable currency with economic growth and prosperity has always been an obstacle for countries in Latin America. Debt crises and high poverty rates have plagued economies in the region for decades now. A possible solution to these problems is a shared currency. This approach has positive and negative attributes, and other solutions are also discussed.