Introduction
Author:
Mr. Jacob A. Frenkel https://isni.org/isni/0000000404811396 International Monetary Fund

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

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Language:
English
Print Publication Date:
24 Apr 1996
Keywords:
BOOK; exchange rate; nominal interest rate; EC country; deutsche mark; policy rule; exchange-rate crisis; Exchange rates; Real exchange rates; Currencies; Inflation; Global; Europe; Asia and Pacific; North America; Middle East; expectations mechanism; exchange rate system; unit of account; exchange market intervention; exchange rate variability; Exchange rate arrangements; Currency markets

Abstract

The fiftieth anniversary of the Bretton Woods Conference has not surprisingly served as an opportunity to reappraise the role of the International Monetary Fund. Among the appraisals done outside the Fund, a popular theme has been the desirability of strengthening the Fund’s role in overseeing the functioning of the international monetary system. Whatever the design of the exchange rate system and the arrangements for the provision of international liquidity, it is widely accepted that such oversight, if it is to be effective, must rest on a strong analytical foundation.

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Cover Functioning of the International Monetary System
Functioning of the International Monetary System
ISBN:
9781557755544
Publication Date:
24 Apr 1996
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557755544.071
Pages:
507