The subject of this paper is one about which I have written before, but this paper goes further than those published previously. It contemplates the gradual transformation of the global reserve regime by making the IMF’s quasi-currency, the SDR, the primary reserve asset of the international...

A comment on Lars Jonung and Eoin Drea's (2010) article, "It Can't Happen, It's a Bad Idea, It Won't Last: U.S. Economists on the EMU and the Euro, 1989-2002." _Econ Journal Watch_ 7(1):4-52. Link

This volume examines the implications of greater financial integration on the international monetary and financial system, and how it should be reformed. Various experts consider the most disruptive manifestations of instability and the appropriate policy responses, including exchange rate...

Frontmatter -- Contents -- Preface -- Acknowledgments -- I . Trade, Tariffs, And Welfare -- Nature, Capital, and Trade / Kenen, Peter Β. -- Toward a More General Theory of Capital and Trade / Kenen, Peter Β. -- Distribution, Demand, and Equilibrium in International Trade: A Diagrammatic...