Policy Issues in the Evolving International Monetary System
Summary:
How can international monetary stability be promoted? This study looks at ways to bolster economic policies and coordination among the industrial countries serving as nominal anchors for the world economy. It also assesses the operation of monetary unions and common currency areas. The authors conclude that problems with the world monetary system reflect weaknesses outside the exchange rate arena, and that exchange rate commitements must be tailored to individual country characteristics.
Series:
Occasional Paper No. 1992/009
Subject:
Currencies Economic integration Exchange rate arrangements Exchange rates Fiscal policy Foreign exchange Monetary unions Money Real exchange rates
English
Publication Date:
June 15, 1992
ISBN/ISSN:
9781557752345/0251-6365
Stock No:
S096EA0000000
Pages:
81
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