Book Description
The book starts with a description of the monetary system's evolution, from the Bretton Woods Conference to the SDR. The book includes some annexes in order to better explain the origin of the current monetary system.
Author : Elena Flor
Publisher : P.I.E-Peter Lang S.A., Editions Scientifiques Internationales
Page : 0 pages
File Size : 27,73 MB
Release : 2019
Category : International finance
ISBN : 9782807610170
The book starts with a description of the monetary system's evolution, from the Bretton Woods Conference to the SDR. The book includes some annexes in order to better explain the origin of the current monetary system.
Author : Mr.James M. Boughton
Publisher : International Monetary Fund
Page : 474 pages
File Size : 45,49 MB
Release : 1996-09-26
Category : Business & Economics
ISBN : 9781557756046
This book edited by Michael Mussa, James M. Boughton, and Peter Isard, records the proceedings of a seminar held at the IMF in March 1996 on the future of the special drawing right (SDR), given changes in the international monetary system since the inception of the SDR. The seminar focuses on the differences in opinion in the international community on the desirability or feasibility of an additional allocation of SDRs.
Author : Barry Julian EICHENGREEN
Publisher :
Page : 92 pages
File Size : 20,68 MB
Release : 1996
Category : Monetary unions
ISBN :
Author : Hazlitt
Publisher : Ludwig von Mises Institute
Page : 184 pages
File Size : 31,40 MB
Release : 2009
Category : Business & Economics
ISBN : 1610161432
Author : Mr.George M. Von Furstenberg
Publisher : International Monetary Fund
Page : 612 pages
File Size : 39,49 MB
Release : 1984-09-15
Category : Business & Economics
ISBN : 0939934272
Edited by George M. von Furstenberg, this volume presents the rethinking of the functions and purposes served by international monetary arrangements at leading universities, banks, and official institutions.
Author : Jingyi Wang
Publisher : Springer
Page : 97 pages
File Size : 44,74 MB
Release : 2015-11-30
Category : Business & Economics
ISBN : 9811001642
This book examines essential problems in the current International Monetary System, especially those concerning the International Standard. To do so, it focuses on the different monetary systems of today’s major currencies – the US dollar, the euro and the CNY, as well as the performance of the standards used in the international monetary system, i.e., the SDRs. In addition, it projects the potential consequences of including the Chinese CNY in the current SDR system, thus proposing a reform of the SDRs. The analytical research is mainly based on a performance comparison of the major international standards in the current international monetary system. divThe author illustrates that the political/policy reactions and economic philosophies underlying each monetary system constitute not only reasonable responses to the current international monetary system, but also fundamental factors in decisions concerning changes to or reforms of the international monetary system.div>
Author : Dorothy M. Sobol
Publisher : Dissertations-G
Page : 458 pages
File Size : 40,26 MB
Release : 1982
Category : Business & Economics
ISBN :
Author : Peter B. Clark
Publisher : International Monetary Fund
Page : 38 pages
File Size : 45,66 MB
Release : 2002-12
Category : Business & Economics
ISBN :
This paper describes how the changed conditions in the international monetary system have undermined the role originally envisaged for the SDR. It argues that the concept of a global stock of international liquidity, which was fundamental to the creation of the SDR, is now no longer relevant. Nonetheless, there are good reasons to satisfy part of the growing demand for international reserves with SDR allocations: (i) there are efficiency gains, as SDRs can be created at zero resource cost, and thus obviate the need for countries to run current account surpluses or engage in expensive borrowing to obtain reserves, and (ii) there would be a reduction in systemic risk, as SDRs would substitute to some extent for borrowed reserves, which are less reliable and predictable source of reserves, especially in times of crisis.
Author : Michael D. Bordo
Publisher : University of Chicago Press
Page : 692 pages
File Size : 13,31 MB
Release : 2007-12-01
Category : Business & Economics
ISBN : 0226066908
At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971. The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world.
Author : Paul Einzig
Publisher : Springer
Page : 203 pages
File Size : 28,44 MB
Release : 1972-06-18
Category : Business & Economics
ISBN : 1349014451