The

The International Monetary System

By - Rinaldo Ossola , Peter B. Kenen , F. Papadia , [EDS]
Floor - Floor 1
Published - Cambridge University Press, Cambridge [England], 1994
ISBN 10 - 0521467292
ISBN 13 - 9780521467292
Book Status - 2 Qnty Available with us.
Subject - Conference papers and proceedings
Shelf No - 17
Call Number - 332.042 INT
Physical Description - xv, 349 pages : illustrations ; 24 cm
Notes - Includes Index
Book Information
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.

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