IV What Can Be Done?
Author: Mr. Mark P. Taylor1, Mr. Peter Isard, Mr. Morris Goldstein2, and Mr. Paul R Masson
  • 1 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund
  • | 2 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund
Language:
English
Keywords:
OP; monetary union desirable; monetary union; country; exchange rate commitment; policy union; policy coordination; exchange rate union; Monetary unions; Exchange rates; Currencies; Real exchange rates; Europe; Middle East; Western Hemisphere; Asia and Pacific; Global

Abstract

The previous section identified four problem areas in the international monetary system: (1) undisciplined or ineffective national policies, (2) excessive swings in real exchange rates, (3) limited credibility in efforts to manage exchange rates, and (4) deficiencies in the international liquidity system. This section considers what can be done to address the first three of those weaknesses.

Cited By

Within Same Series

Other IMF Content

Other Publishers Content

Cover Policy Issues in the Evolving International Monetary System
Policy Issues in the Evolving International Monetary System
Author: Mr. Mark P. Taylor, Mr. Peter Isard, Mr. Morris Goldstein, and Mr. Paul R Masson
ISBN:
9781557752345
ISSN:
0251-6365
Publication Date:
15 Jun 1992
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557752345.084
Pages:
81