Functioning of the International Monetary System

Functioning of the International Monetary System PDF Author: Mr.Jacob A. Frenkel
Publisher: International Monetary Fund
ISBN: 9781557755544
Category : Business & Economics
Languages : en
Pages : 508

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Book Description
The fiftieth anniversary of the Bretton Woods Conference served as an opportunity to reappraise the desirability of strengthening the IMF's oversight of the functioning of the international monetary system. Whatever the design of an exchange rate system and the arrangements for the provision of international liquidity, it is widely accepted that to be effective such oversight must rest on a strong analytic foundation. These two volumes, edited by Jacob A. Frenkel and Morris Goldstein, present 30 analytic papers on the system as it functioned during 1987-91 and aim at conveying the flavor of those issues that commanded close attention in the Fund's research program.

Functioning of the International Monetary System

Functioning of the International Monetary System PDF Author: Mr.Jacob A. Frenkel
Publisher: International Monetary Fund
ISBN: 9781557755544
Category : Business & Economics
Languages : en
Pages : 508

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Book Description
The fiftieth anniversary of the Bretton Woods Conference served as an opportunity to reappraise the desirability of strengthening the IMF's oversight of the functioning of the international monetary system. Whatever the design of an exchange rate system and the arrangements for the provision of international liquidity, it is widely accepted that to be effective such oversight must rest on a strong analytic foundation. These two volumes, edited by Jacob A. Frenkel and Morris Goldstein, present 30 analytic papers on the system as it functioned during 1987-91 and aim at conveying the flavor of those issues that commanded close attention in the Fund's research program.

The Evolution of the International Monetary System

The Evolution of the International Monetary System PDF Author: Robert Triffin
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 104

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Book Description


The International Monetary System

The International Monetary System PDF Author: Rakesh Mohan
Publisher: International Monetary Fund
ISBN: 147551414X
Category : Business & Economics
Languages : en
Pages : 49

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Book Description
The North Atlantic financial crisis of 2008-2009 has spurred renewed interest in reforming the international monetary system, which has been malfunctioning in many aspects. Large and volatile capital flows have promoted greater volatility in financial markets, leading to recurrent financial crises. The renewed focus on the broader role of the central banks, away from narrow price stability monetary policy frameworks, is necessary to ensure domestic macroeconomic and financial stability. Since international monetary cooperation might be difficult, though desirable, central banks in major advanced economies, going forward, need to internalize the implications of their monetary policies for the rest of the global economy to reduce the incidence of financial crises.

The International Monetary System

The International Monetary System PDF Author: Peter B. Kenen
Publisher: Cambridge University Press
ISBN: 9780521467292
Category : Business & Economics
Languages : en
Pages : 370

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Book Description
In the two decades prior to publication of this 1994 book, international monetary relations had been characterised by latent instability, and then by severe tensions. Yet the issue of reforming the international monetary system does not appear on the agenda of the policy makers of the major countries involved. The International Monetary System tries to analyse this apparent contradiction. It brings together contributions from some of the most authoritative academic economists and monetary officials, and examines each of the fundamental functions of the international monetary system. There is broad support for improving present monetary arrangements with the aim of ensuring more stable conditions in monetary and financial markets and of promoting the orderly adjustment of payments disequilibria. For political reasons a fully-fledged reform exercise is unlikely, but very few experts seem to like the status quo. This book provides the reader with a comprehensive account of the institutional and policy changes required to manage an increasingly integrated and interdependent global monetary and financial system.

International Monetary System

International Monetary System PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451974132
Category : Business & Economics
Languages : en
Pages : 26

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Book Description
This paper addresses several fundamental issues raised by recent developments in the world economy and considers their implications for the design and functioning of the international monetary system. We do not make any proposals. The four issues examined in the paper are: (1) Can the exchange rate regime do much to discipline fiscal policy?; (2) What are the extent and costs of reduced monetary independence under greater fixity of exchange rates?; (3) How can the equilibrium exchange rate best be determined?; and (4) Does a well functioning international monetary system require a clearly defined set of rules, an acknowledged leader, and an explicit anchor?

The International Monetary System and the Theory of Monetary Systems

The International Monetary System and the Theory of Monetary Systems PDF Author: Pascal Salin
Publisher: Edward Elgar Publishing
ISBN: 1786430304
Category :
Languages : en
Pages : 272

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Book Description
The international monetary system, and the disparate systems that make it up, are complex and there are many fallacies surrounding the ways in which they work. This book provides a clear and rigorous understanding of these systems and their possible consequences.

International Money and Credit

International Money and Credit PDF Author: Mr.George M. Von Furstenberg
Publisher: International Monetary Fund
ISBN: 0939934272
Category : Business & Economics
Languages : en
Pages : 612

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Book Description
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.

Strengthening the International Monetary System

Strengthening the International Monetary System PDF Author: Mr. Andrew Crockett
Publisher: International Monetary Fund
ISBN: 1452717710
Category : Business & Economics
Languages : en
Pages : 97

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Book Description
This report comprises three papers written by staff members of the Fund's Research Department on issues arising out of the reports on the international monetary system prepared in 1985 by the Group of Ten (representing the industrial countries participating in the General Arrangements to Borrow) and the intergovernmental Group of Twenty-Four on International Monetary Affairs. These two reports, which appear as appendices to this volume, were transmitted to the Interim Committee of the Fund's Board of Governors and were subsequently discussed by the Fund's Executive Board in early 1986.

The International Monetary System, Progress and Prospects

The International Monetary System, Progress and Prospects PDF Author: Atlantic Council of the United States. Monetary Working Group
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 116

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Book Description


The New Architecture of the International Monetary System

The New Architecture of the International Monetary System PDF Author: Paolo Savona
Publisher: Springer Science & Business Media
ISBN: 1475767668
Category : Business & Economics
Languages : en
Pages : 251

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Book Description
Two years ago, the Guido Carli Association, in collaboration with the Aspen Institute Italia, charged a group of distinguished economists to examine the problems created by the unsatisfactory functioning of the International Monetary System. The two resulting conferences were sponsored by the Fondazione della Cassa di Risparmio di Firenze (CESIFIN) and the Permanent Advisory Committee on the Euro and the Dollar (PACE&D). Their research had a two-fold aim. The first was an examination of the basic function of the International Monetary System with a special focus on the role the Euro would and should have. The second was the preparation of a list of recommendations on how to resolve the problems, financial problems in particular, affecting the entire world community. Last year, the group focused on efforts taking place in diverse financial institutions and universities to construct what has been called the `New International Financial Architecture'. This group considered the legal problems arising from European and international integration and, more generally, from the new architecture of the International Monetary System. This book, The New Architecture of the International Monetary System, is the final result of their efforts. It will be an invaluable resource for academics, professionals, and students alike.