Regional and bilateral liquidity arrangements have gained increasing prominence over the past decades, not least during the recent global financial crisis. This has important consequences for the role of the International Monetary Fund (IMF) as a crisis lender and raises questions regarding the...

List of Figures; List of Tables; List of Contributors; Acknowledgements; 1. The monetary system as an evolutionary construct Georgina M. Gómez; 2. Monetary Plurality in Economic Theory Jérôme Blanc, Ludovic Desmedt, Laurent Le Maux, Jaime Marques-Pereira, Pepita Ould-Ahmed and Bruno Théret ;...