Thoughts on An international Monetary Fund Based Fully on the SDR.

This paper discusses the possibility of an IMF that would be based fully on the special drawing right (SDR). The paper explores the basic economic justification for a General Department restructured in this way, the broad outline of the structure that would have to be established, the liquidity effe...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1979
Series:Pamphlet Series
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper discusses the possibility of an IMF that would be based fully on the special drawing right (SDR). The paper explores the basic economic justification for a General Department restructured in this way, the broad outline of the structure that would have to be established, the liquidity effects that would have to be considered, and the effects of these changes on other provisions. It also discusses some of the simplifications that would be brought about, and the steps involved in the transition from an IMF consisting primarily of currencies to one based fully on the SDR.
Physical Description:32 pages
ISBN:9781451946246