Regional Financial Arrangements and the International Monetary Fund

The rise of regional monetary arrangements poses a challenge for the International Monetary Fund (IMF)'s global surveillance efforts. This paper reviews how the IMF has responded to earlier regional initiatives, from the European Payments Union of the 1950s and the Gold Pool of the 1960s to the CFA franc zone and the European Monetary System. The penultimate section draws out the implications for monetary regionalism in East Asia.

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Year of publication:	2012-11-06
Authors:	Eichengreen, Barry
Institutions:	Asian Development Bank Institute, Asian Development Bank
Subject:	international monetary fund \| regional monetary arrangements \| global surveillance \| european monetary system

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Extent:	application/pdf
Series:	ADBI Working Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series ADBI Working Papers Number 394 20 pages
Classification:	F30 - International Finance. General ; F53 - International Agreements and Observance; International Organizations ; F55 - International Institutional Arrangements
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010840221