key currency in different international monetary standards. The analysis is made from a Sraffian standpoint, where the … brief and schematic analysis of the theories and experiences of the international monetary standards shall allow us to reach … international monetary standard, that we shall call the ?floating dollar standard?. …

The paper intends to analyze aspects of international economic order that are relevant to understand the integration of … and of progressive capital mobility in the international field. To characterize globalization different aspects are … examined, such as the influence of financial liberalization on capital accumulation; the hard core of International Monetary …

propose an alternative to the current international monetary system. We argue for the creation of a supranational bank money … that would coexist along side national currencies and for the establishment of a new international clearing union. The new … international money would be created against domestic earning assets of the Fed and the ECB. In addition to recording credit and …

The current international monetary system (IMS) is fragile because the dollar standard is rapidly deteriorating. The … dual role the dollar as the dominant international money and national money cannot be easily reconciled because the US … international public good of a stable money. To strengthen the IMS, China has advocated the revitalization of the Special Drawing …

International monetary system made by agreement in Bretton – Woods, is widely known to be the system of fixed exchange …

converting their dollar holdings into gold helped perpetuate the collapse of the Bretton Woods International Monetary System. We … argue that French international monetary policy under Charles de Gaulle was consistent with strategies developed in the … international monetary system towards a more symmetrical and co-operative gold-exchange standard regime. …

reserves therefore affects the equilibrium in the market for government bonds of reserve currency countries. By means of a … panel data analysis we examine the relationship between reserve currency status and public budget balance during different … constellations of the international monetary system: the sterling period (1890-1935) and the dollar dominance (since World War II …

Despite the increasing recognition that the renminbi (RMB) may eventually become a key global currency, several … important questions remain to be answered. This paper analyzes the benefits and costs of the RMB becoming an international … currency. The benefits include reduced exchange risk, promotion of the development of the financial market, and expansion of …

-centre countries that obliges them to generate net inflows of the international centre currency to finance their payment commitments … the international currency and the role of centre countries as suppliers of the international currency. It is argued that …This paper examines the relationship between currency internationalisation and economic structure. It argues that the …

institutional constraints set by the international monetary system may be at least as effective determinants of growth differentials … between countries as the different dimensions of their welfare states. We show how this international system may impose an … performance.; (ii) the European currency reshapes some of the pre-existing constraints and also open up new opportunities; (iii …