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The international monetary system
Futures, 1979Using the ‘official financing’ definition, explained in the previous chapter, a country is said to be running a balance-of-payments deficit if either its debts to foreign monetary authorities are rising or its holdings of reserves are falling. Now this raises two immediate problems for such a country: the problems of financing and adjustment.
R. W. Evans, G. H. Makepeace
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The European Monetary System and the International Monetary System
JCMS: Journal of Common Market Studies, 1989ABSTRACTThe article examines first the European Monetary System (EMS) experience and whether it can be applied to the International Monetary System (IMS). The EMS has particular features: it is not simply a regional Bretton Woods, and it also has a dimension going beyond the monetary field.Countries participating in the EMS exchange rate mechanism (ERM)
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Monetary policy in a bipolar international monetary system [PDF]
, 1998 The study deals with the international transmission of economic shocks, their consequences for exchange rates and the reconciliation of exchange rate management with monetary policy. The theoretical part of the study consists of a mainstream model of two large, interdependent economies with special emphasis on the effects of various shocks on the ...
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The International Monetary System
1994The international monetary system, certainly as defined by the ‘rules of the game’, has gone through many incarnations since the start of the century.1 In broad terms, the system has moved from the fixed exchange rates of the gold standard (ending in 1914), through a period when there was no maintained universal system, but which saw both a brief ...
Bo Södersten, Geoffrey Reed
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The International Monetary System
2002The two Bretton Woods institutions, created in the same era of post-war international activism that also saw the creation of the United Nations, remained outside the UN system for all practical purposes, regrettably to some, mercifully to others.
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An International Monetary System
1975To speak of an ‘international monetary system’ is illusory. It implies a mechanism of interrelated parts, functioning for some clearly defined end, according to known laws. It implies knowledge, certainty and predictability. All these attributes the international monetary system possesses but in a varying degree.
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Building Trust in the International Monetary System
Frontiers in Economic History, 2021Elena Seghezza +1 more
exaly
The International Monetary System
1990The focus of this concluding chapter is broader and is on the ‘international monetary system’ as a whole which encompasses inter alia arrangements with respect to specific issues discussed in preceding chapters. An attempt is made to show how the evolution of the system as a whole has implications for those issues, and to indicate some of the ...
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The future tri-polar international monetary system
Journal of Policy Modeling, 2011Dominick Salvatore
exaly