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multi-currency arrangement with an active use of the International Monetary Fund's Special Drawing Rights; (ii) stronger …
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mechanisms have operated sometimes within the International Monetary Fund, but generally outside its institutional framework, and …
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This paper provides a historical background to contemporary debates on the international monetary system: their genesis …
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This paper proposes a reformed architecture of the international monetary system based on three pillars. The first is a … representative apex organization, which can be understood as a transformation of the G-20 into a representative international …
Persistent link: https://www.econbiz.de/10010515838
This paper analyses three major problems of the current international monetary system: the asymmetric … only way forward. Under a mixed system, SDRs would become the source of financing for International Monetary Fund lending …, but national/regional currencies would continue to be used as international means of payment and stores of value. …
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International financial crises have plagued the world in recent decades, including the Latin American debt crisis of … to finance countries in crisis and to overcome their over-indebtedness. 'Resetting the International Monetary (Non …, 'Resetting the International Monetary (Non)System' places a special focus on the asymmetries that emerging and developing …
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