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: Mr.James M. Boughton
Publisher: International Monetary Fund
ISBN: 9781557756046
Category : Business & Economics
Languages : en
Pages : 474

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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.

On the SDR

On the SDR PDF Author: Barry Julian EICHENGREEN
Publisher:
ISBN:
Category : Monetary unions
Languages : en
Pages : 92

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Book Description


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 Past and Future of International Monetary System

The Past and Future of International Monetary System PDF Author: Jingyi Wang
Publisher: Springer
ISBN: 9811001642
Category : Business & Economics
Languages : en
Pages : 97

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Book Description
This book examines essential problems in the current International Monetary System, especially those concerning the International Standard. To do so, it focuses on the different monetary systems of today’s major currencies – the US dollar, the euro and the CNY, as well as the performance of the standards used in the international monetary system, i.e., the SDRs. In addition, it projects the potential consequences of including the Chinese CNY in the current SDR system, thus proposing a reform of the SDRs. The analytical research is mainly based on a performance comparison of the major international standards in the current international monetary system. divThe author illustrates that the political/policy reactions and economic philosophies underlying each monetary system constitute not only reasonable responses to the current international monetary system, but also fundamental factors in decisions concerning changes to or reforms of the international monetary system.div>

Europe Confronts the Dollar

Europe Confronts the Dollar PDF Author: Dorothy M. Sobol
Publisher: Dissertations-G
ISBN:
Category : Business & Economics
Languages : en
Pages : 458

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Book Description


International Liquidity and the Role of the SDR in the International Monetary System

International Liquidity and the Role of the SDR in the International Monetary System PDF Author: Peter B. Clark
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 38

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Book Description
This paper describes how the changed conditions in the international monetary system have undermined the role originally envisaged for the SDR. It argues that the concept of a global stock of international liquidity, which was fundamental to the creation of the SDR, is now no longer relevant. Nonetheless, there are good reasons to satisfy part of the growing demand for international reserves with SDR allocations: (i) there are efficiency gains, as SDRs can be created at zero resource cost, and thus obviate the need for countries to run current account surpluses or engage in expensive borrowing to obtain reserves, and (ii) there would be a reduction in systemic risk, as SDRs would substitute to some extent for borrowed reserves, which are less reliable and predictable source of reserves, especially in times of crisis.

International Money and Credit

International Money and Credit PDF Author: Mr.George M. Von Furstenberg
Publisher: International Monetary Fund
ISBN: 0939934272
Category : Business & Economics
Languages : en
Pages : 612

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Book Description
Edited by George M. von Furstenberg, this volume presents the rethinking of the functions and purposes served by international monetary arrangements at leading universities, banks, and official institutions.

The Destiny of the Dollar

The Destiny of the Dollar PDF Author: Paul Einzig
Publisher: Springer
ISBN: 1349014451
Category : Business & Economics
Languages : en
Pages : 203

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Book Description


A Retrospective on the Bretton Woods System

A Retrospective on the Bretton Woods System PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066908
Category : Business & Economics
Languages : en
Pages : 692

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Book Description
At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971. The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world.