This paper is about the financial support fund of the OECD.

This essay takes a fresh look at the lender-of-last-resort issue and asks whether, how, and to what extent national practices should be adapted to the international environment. It begins by reviewing national practices. Then it analyzes, through both theory and evidence, the features that make...

This lecture is about the connections between three types of union - customs union, monetary union, and political union. The first section asks whether monetary integration is a concomitant of commercial integration. The second asks whether political integration is a concomitant of monetary...