SDR: from Bretton Woods to a World Currency

SDR: from Bretton Woods to a World Currency PDF Author: Elena Flor
Publisher: P.I.E-Peter Lang S.A., Editions Scientifiques Internationales
ISBN: 9782807610170
Category : International finance
Languages : en
Pages : 0

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Book Description
The book starts with a description of the monetary system's evolution, from the Bretton Woods Conference to the SDR. The book includes some annexes in order to better explain the origin of the current monetary system.

SDR: from Bretton Woods to a World Currency

SDR: from Bretton Woods to a World Currency PDF Author: Elena Flor
Publisher: P.I.E-Peter Lang S.A., Editions Scientifiques Internationales
ISBN: 9782807610170
Category : International finance
Languages : en
Pages : 0

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Book Description
The book starts with a description of the monetary system's evolution, from the Bretton Woods Conference to the SDR. The book includes some annexes in order to better explain the origin of the current monetary system.

The Future of the SDR in Light of Changes in the International Monetary System

The Future of the SDR in Light of Changes in the International Monetary System PDF Author: James M. Boughton
Publisher: International Monetary Fund
ISBN: 1455257761
Category : Business & Economics
Languages : en
Pages : 465

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Book Description
This book edited by Michael Mussa, James M. Boughton, and Peter Isard, records the proceedings of a seminar held at the IMF in March 1996 on the future of the special drawing right (SDR), given changes in the international monetary system since the inception of the SDR. the seminar focuses on the differences in opinion in the international community on the desirability or feasibility of an additional allocation of SDRs.

The Unloved Dollar Standard

The Unloved Dollar Standard PDF Author: Ronald I. McKinnon
Publisher: Oxford University Press
ISBN: 0199937001
Category : Business & Economics
Languages : en
Pages : 237

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Book Description
Th world dollar standard greatly facilitates international exchange. Since the Bretton Woods Agreement of 1945, the dollar has been the key currency for clearing international payments among banks, including government interventions to set exchange rates. IT is the dominant currency for invoicing trade in primary commodities and official exchange reserves.

Resetting the International Monetary (Non)System

Resetting the International Monetary (Non)System PDF Author: José Antonio Ocampo
Publisher: Oxford University Press
ISBN: 019871811X
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
This volume provides an analysis of the global monetary system and proposes a comprehensive yet evolutionary reform of the system aimed at creating better monetary cooperation for the twenty-first century.

France and the Breakdown of the Bretton Woods International Monetary System

France and the Breakdown of the Bretton Woods International Monetary System PDF Author: Ms.Dominique Simard
Publisher: International Monetary Fund
ISBN: 1451935366
Category : Business & Economics
Languages : en
Pages : 58

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Book Description
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.

From Bretton Woods to World Inflation

From Bretton Woods to World Inflation PDF Author: Hazlitt
Publisher: Ludwig von Mises Institute
ISBN: 1610161432
Category : Business & Economics
Languages : en
Pages : 184

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Book Description


The Future of the Dollar

The Future of the Dollar PDF Author: Eric Helleiner
Publisher: Cornell University Press
ISBN: 0801457491
Category : Business & Economics
Languages : en
Pages : 267

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Book Description
For half a century, the United States has garnered substantial political and economic benefits as a result of the dollar's de facto role as a global currency. In recent years, however, the dollar's preponderant position in world markets has come under challenge. The dollar has been more volatile than ever against foreign currencies, and various nations have switched to non-dollar instruments in their transactions. China and the Arab Gulf states continue to hold massive amounts of U.S. government obligations, in effect subsidizing U.S. current account deficits, and those holdings are a point of potential vulnerability for American policy. What is the future of the U.S. dollar as an international currency? Will predictions of its demise end up just as inaccurate as those that have accompanied major international financial crises since the early 1970s? Analysts disagree, often profoundly, in their answers to these questions. In The Future of the Dollar, leading scholars of dollar's international role bring multidisciplinary perspectives and a range of contrasting predictions to the question of the dollar's future. This timely book provides readers with a clear sense of why such disagreements exist and it outlines a variety of future scenarios and the possible political implications for the United States and the world.

Currency Wars

Currency Wars PDF Author: James Rickards
Publisher: Penguin
ISBN: 1591845564
Category : Business & Economics
Languages : en
Pages : 318

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Book Description
Dive into the gripping world of international ecocomics through American lawyer, investment banker, media commentator, and author, James G. Rickards's expertise and thought-provoking insights. From collapsed paper currencies and hidden agendas of soveriegn wealth funds to the very real threats of national security, James G. Rickards scrutinizes the history and disastrous outcomes of currency wars, shedding light on the potential crisis that looms over the United States and the world. Rickards dissects failed paradigms and conventional theories while offering a course of action to steer away from impending disaster.

Exorbitant Privilege

Exorbitant Privilege PDF Author: Barry Eichengreen
Publisher: Oxford University Press
ISBN: 0199753784
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
For more than half a century, the U.S. dollar has been not just America's currency but the world's. It is used globally by importers, exporters, investors, governments and central banks alike. Nearly three-quarters of all $100 bills circulate outside the United States. The dollar holdings of the Chinese government alone come to more than $1,000 per Chinese resident.This dependence on dollars, by banks, corporations and governments around the world, is a source of strength for the United States. It is, as a critic of U.S. policies once put it, America's "exorbitant privilege." However, recent events have raised concerns that this soon may be a privilege lost. Among these have been the effects of the financial crisis and the Great Recession: high unemployment, record federal deficits, and financial distress. In addition there is the rise of challengers like the euro and China's renminbi. Some say that the dollar may soon cease to be the world's standard currency--which would depress American living standards and weaken the country's international influence.In Exorbitant Privilege, one of our foremost economists, Barry Eichengreen, traces the rise of the dollar to international prominence over the course of the 20th century. He shows how the greenback dominated internationally in the second half of the century for the same reasons--and in the same way--that the United States dominated the global economy. But now, with the rise of China, India, Brazil and other emerging economies, America no longer towers over the global economy. It follows, Eichengreen argues, that the dollar will not be as dominant. But this does not mean that the coming changes will necessarily be sudden and dire--or that the dollar is doomed to lose its international status. Challenging the presumption that there is room for only one true global currency--either the dollar or something else--Eichengreen shows that several currencies have shared this international role over long periods. What was true in the distant past will be true, once again, in the not-too-distant future.The dollar will lose its international currency status, Eichengreen warns, only if the United States repeats the mistakes that led to the financial crisis and only if it fails to put its fiscal and financial house in order. The greenback's fate hinges, in other words, not on the actions of the Chinese government but on economic policy decisions here in the United States.Incisive, challenging and iconoclastic, Exorbitant Privilege, which was shortlisted for the FT Goldman Sachs 2011 Best Business Book of the Year, is a fascinating analysis of the changes that lie ahead. It is a challenge, equally, to those who warn that the dollar is doomed and to those who regard its continuing dominance as inevitable.

The Bretton Woods Debates

The Bretton Woods Debates PDF Author: Raymond Frech Mikesell
Publisher: Internat Niversit
ISBN:
Category : Business & Economics
Languages : en
Pages : 78

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Book Description