The Exchange Rate System : Lessons of the Past and Options for the Future

Author/Editor:

International Monetary Fund

Publication Date:

July 8, 1984

Summary:

The last few years have witnessed a resurgence of calls for a re-examination, or perhaps even a reform, of the international monetary system. This paper contributes to the ongoing debate on that subject in three ways: 1 it suggests a set of criteria for evaluating alternative exchange rate systems; 2 it provides a comprehensive appraisal of a decade of experience with the present exchange rate system in terms of those criteria; and 3 it selects some key issues as a basis for discussion on how the evolution of the exchange rate system might best be managed over the medium term.

Series:

Occasional Paper No. 30

English

Publication Date:

July 8, 1984

ISBN/ISSN:

9781557750648/0251-6365

Stock No:

S030EA0000000

Price:

$7.50 (Academic Rate:$4.50)

Format:

Paper

Pages:

71

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