BRICS - Is A Common Currency Such A Good Idea?

... only appropriate. The Eurozone. According to the classifications a monetary and fiscal union is the last stage before complete economic integration - which inevitably implies the total harmonisation of the economic, monetary, fiscal and trade policy of ... ... the BRICS. However in my opinion a common currency is hardly a sustainable option, as it will only artificially homogenise the financial framework of the BRICS at surface level, which may cause more problems than it was initially aimed at solving. Photograph ...