Policy Issues in the Evolving International Monetary System

How can international monetary stability be promoted? This study looks at ways to bolster economic policies and coordination among the industrial countries serving as nominal anchors for the world economy. It also assesses the operation of monetary unions and common currency areas. The authors concl...

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Bibliographic Details
Main Author: Taylor, Mark
Other Authors: Isard, Peter, Goldstein, Morris, Masson, Paul
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1992
Series:Occasional Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:How can international monetary stability be promoted? This study looks at ways to bolster economic policies and coordination among the industrial countries serving as nominal anchors for the world economy. It also assesses the operation of monetary unions and common currency areas. The authors conclude that problems with the world monetary system reflect weaknesses outside the exchange rate arena, and that exchange rate commitements must be tailored to individual country characteristics
Physical Description:81 pages
ISBN:9781557752345