The Role of the SDR in the International Monetary System

March 19, 1987

Summary

In the years since the SDR was created, the international monetary system has experienced a number of profound changes. The present paper sketches the effects of these changes on perceptions of the role that the SDR can and should play in that system.

Subject: Asset and liability management, Central banks, Commodities, Currencies, Gold, International liquidity, International monetary system, International reserves, Money, Reserve assets

Keywords: allocation of SDR, component currency, Currencies, currency, ecu, ECU bond, Europe, Global, Gold, International liquidity, International monetary system, International reserves, market, OP, Reserve assets, reserve system, reserve-currency country, SDR, SDR denomination, SDR mechanism, SDR system, The Fund, U.S. dollar, unit of account, valuation basket

Pages:
69
Volume:
1987
DOI:
https://doi.org/10.5089/9780939934812.084
Issue:
002
Series:
Occasional Paper No. 1987/002
Stock No:
S051EA0000000
ISBN:
9780939934812
ISSN:
0251-6365

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Occasional Papers