The Feasibility of a Trans-Tasman Currency: What New Zealand and Australia Shouldn't Forget

12 Pages Posted: 24 Mar 2013

See all articles by Dr Sumantra Maitra

Dr Sumantra Maitra

Royal-Hist-Soc; Center For The National Interest - CFTNI

Date Written: August 1, 2012

Abstract

An idea of a Trans-Tasman currency, one common between New Zealand and Australia is not something new. The question of New Zealand staying as the smallest industrialized country running an independent monetary policy, adopting the Australian dollar, or creating a hybrid ANZAC dollar with Australia was always reflected in the thought process of policy makers and business class of both the countries. This paper discusses the feasibility of such a union.

Keywords: Currency Union, Business cycle, Euro crisis, Trans-Tasman, Australia, New Zealand

JEL Classification: A10, F14, F15

Suggested Citation

Maitra, Dr Sumantra, The Feasibility of a Trans-Tasman Currency: What New Zealand and Australia Shouldn't Forget (August 1, 2012). Available at SSRN: https://ssrn.com/abstract=2238157 or http://dx.doi.org/10.2139/ssrn.2238157

Dr Sumantra Maitra (Contact Author)

Royal-Hist-Soc ( email )

The Royal Historical Society, University College L
United Kingdom

Center For The National Interest - CFTNI ( email )

1025 Connecticut Avenue NW
Washington, DC, DC 20036
United States

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