Improving the International Monetary System : Constraints and Possibilities

Author/Editor:

Morris Goldstein ; Donald J Mathieson ; Tamim Bayoumi ; Michael Mussa ; Peter B. Clark

Publication Date:

January 27, 1995

Summary:

This study addresses major policy issues associated with the future of the international monetary system. It focuses on whether there is a need for fundamental reform of this system, defined as systematic and sustained effort on the part of the three major industrial countries (United States, Japan, and Germany) to maintain their exchange rates within agreed ranges. It then discusses less rar-reaching reforms that could strengthen and improve the system.

Series:

Occasional Paper No. 116

English

Publication Date:

January 27, 1995

ISBN/ISSN:

9781557754448/0251-6365

Stock No:

S116EA0000000

Format:

Paper

Pages:

44

Please address any questions about this title to publications@imf.org