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Regional payment agreements: An alternative to currency convertibility?

open access: yesCuadernos de Economía, 2023
Regional Payment Agreements (RPAs) replicate, on a regional scale, John M. Keynes’s proposal at the Bretton Woods Conference, based on the recording and subsequent clearing of transactions.
Marcelo Bruchanski, Andrea Molinari
doaj   +1 more source

Exchange rate arrangements: From extreme to "normal" [PDF]

open access: yesPanoeconomicus, 2006
The paper studies theoretical and empirical location dispersion of exchange rate arrangements - rigid-intermediate-flexible regimes, in the context of extreme arrangements of a currency board, dollarization and monetary union moderate characteristics of ...
Beker Emilija
doaj   +1 more source

Optimum world monetary arrangements and the dual currency system

open access: yesPSL Quarterly Review, 2014
Recently some concerns have been expressed over constraints placed on American monetary and fiscal policy by balance of payments problems. Conversely, the attempts of several European countries to control inflation have been hampered by large capital ...
R.I. MCKINNON
doaj   +1 more source

Central banks and international monetary arrangements

open access: yesPSL Quarterly Review, 2014
The article reviews the short history of central banking from Bagehot on, drawing the main conclusions for the present-day situation. The author’s main focus is on international cooperation among central banks, and the main policy proposal is for the ...
F.M. TAMAGNA
doaj   +1 more source

Regional monetary agreements: prospects and limits for Mercosur [PDF]

open access: yesBrazilian Journal of Political Economy
Usually analyzed in an integrated way, the Regional Monetary Agreements (RMA) are varied processes. The purpose of this article is to map the different forms of RMA and analyze its application to Mercosur.
ALEXANDRE JERÔNIMO DE FREITAS   +1 more
doaj   +1 more source

Reshaping the international monetary and financial arrangements

open access: yesPSL Quarterly Review, 2013
The work deals with the reform of the International monetary system, the end result of four years of laborious negotiations. The author agrees with the majority of commentators that relatively little has been accomplished.
U. SACCHETTI
doaj   +1 more source

Monetary arrangements in the European Common Market

open access: yesPSL Quarterly Review, 2014
The Jamaica Agreement essentially grants every country the freedom to determine its own exchange rate system, thus confirming a situation characterised by a wide variety of national arrangements.
B. BALASSA
doaj   +1 more source

Reflections on the state of international monetary policy

open access: yesPSL Quarterly Review, 2013
The present article analyzes the current state of international monetary policy and arrangements. The author first examines the nature of monetary arrangements guided by political institutions that are tempted to exploit the monetary system through the ...
K. BRUNNER
doaj   +1 more source

Inflation targeting with special review on application in Serbia [PDF]

open access: yesPanoeconomicus, 2006
Inflation targeting represents monetary regime primarily applied in New Zealand in 1989. Since then, this regime has extended into over 30 countries and it is recommended by International Monetary Fund within its business arrangements in last couple of ...
Fabris Nikola
doaj   +1 more source

Riflessioni sulla politica monetaria internazionale

open access: yesMoneta e Credito, 2014
The present article analyses the current state of international monetary policy and arrangements. The author first examines the nature of monetary arrangements guided by political institutions that are tempted to exploit the monetary system through the ...
K. BRUNNER
doaj   +1 more source

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