The International Monetary System - Softcover

Softcover

ISBN 10: 0521467292 ISBN 13: 9780521467292

Publisher: Cambridge University Press, 1994

Synopsis

This book is a collection of essays on the international monetary system written by some of the most authoritative economists and policymakers. All the fundamental components of the international monetary system are critically examined and some suggestions are presented for its probable, or desired, evolution. The emphasis is on the present situation, but the book provides the necessary background to understand recent episodes of tension in international monetary and financial markets.

About this title

Book Description

All the fundamental components of the international monetary system are critically examined and suggestions are presented for its probable, or desired, evolution in this collection of essays written by some of the most authoritative economists and policymakers.

From the Back Cover

In the last two decades international monetary relations have been characterized by latent instability, and more recently by severe tensions. Yet the issue of reforming the international monetary system does not appear on the agenda of the policymakers of the major countries involved. The International Monetary System tries to analyse this apparent contradiction. It brings together contributions from some of the most authoritative academic economists and monetary officials, and examines each of the fundamental functions of the international monetary system. There is broad support for improving present monetary arrangements with the aim of ensuring more stable conditions in monetary and financial markets and of promoting the orderly adjustment of payments disequilibria. For political reasons a fully fledged reform exercise is unlikely, but very few experts seem to like the status quo. This book provides the reader with a comprehensive account of the institutional and policy changes required to manage an increasingly integrated and interdependent global monetary and financial system.

Edition details

• Publisher: Cambridge University Press
• Publication date: 1994
• ISBN 10: 0521467292
• ISBN 13: 9780521467292
• Binding: Paperback
• Language: English
• Number of pages: 366
• Editor: Kenen Peter B., Papadia Francesco, Saccomanni Fabrizio