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163.363  Articles
1 of 16.337 pages  |  10  records  |  more records»
The work argues that neither stable, nor floating exchange rates can function satisfactorily in the absence of any international control, and restraints, over the fantastic explosion of international liquidity provided to the market, in recent years, by t... see more

The effort to create a new set of principals for international monetary relations continues, with a deep sense of urgency, but with uncertainty as to what set of principals will best serve the future. International monetary systems should be designed to e... see more

The discussion on the need to improve the efficiency of the international monetary system generates many proposals for its reform. In the literature there are two main standpoints on the modification of the international monetary system: 1) the transition... see more

The paper discusses different views on the reform of the International Monetary System. It illustrates the most recent antecedents of the current debate, focusing on criteria, determinants and effects of the choice among different exchange regimes and dis... see more

 There is growing dissatisfaction with the current system of volatile exchange rates because exchange rate movements often do not reflect underlying economic conditions. The risk involved in international transactions remains high. Most countries pre... see more

The article looks at how the present financial system works, signalling out its most crucial function, namely the provision of liquidity and its impact on the broad spectrum of international financial variables. Liquidity and risk are closely interrelated... see more

The present article analyzes the current state of international monetary policy and arrangements. The author first examines the nature of monetary arrangements guided by political institutions that are tempted to exploit the monetary system through the mo... see more

The amended articles of the IMF stipulate that member countries must cooperate with the IMF and among themselves to make the special drawing right (SDR) the principle reserve instrument of the international monetary system. The present paper discusses som... see more

The work deals with the reform of the International monetary system, the end result of four years of laborious negotiations. The author agrees with the majority of commentators that relatively little has been accomplished. He differs from them, however, i... see more

1 of 16.337 pages  |  10  records  |  more records»