IV What Can Be Done?
Author:
Mr. Mark P. Taylor https://isni.org/isni/0000000404811396 International Monetary Fund

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Mr. Peter Isard
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Mr. Morris Goldstein https://isni.org/isni/0000000404811396 International Monetary Fund

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Mr. Paul R Masson
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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.

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