The International Monetary System - Hardcover

Hardcover

ISBN 10: 0521454689 ISBN 13: 9780521454681

Publisher: Cambridge University Press, 1994

Synopsis

In the two decades prior to publication of this 1994 book, international monetary relations had been characterised by latent instability, and then by severe tensions. Yet the issue of reforming the international monetary system does not appear on the agenda of the policy makers 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.

About this title

Review

."..the book is extremely stimulating, well written, and well coordinated in presenting the discussion on major issues of the international monetary system. Students of the subject will benefit immensely from this volume." Sumitra Chishti, International Studies

Book Description

This 1994 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.

Edition details

• Publisher: Cambridge University Press
• Publication date: 1994
• Language: English
• ISBN 10: 0521454689
• ISBN 13: 9780521454681
• Binding: Hardcover
• Number of pages: 365
• Editor: Kenen Peter B., Papadia Francesco, Saccomanni Fabrizio