Browse
You are looking at 1 - 1 of 1 items for :
- Labor x
- Labor Economics: General x
- Tax administration and procedure x
- Environmental sciences x
- Syrian Arab Republic x
- Cross-cutting issues x
- Allocative Efficiency; Cost-Benefit Analysis x
- Portfolio Choice; Investment Decisions x
- National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock x
- Industries; Land Use; Labor x
- Finance x
- Public investments x
- Business and Economics x
- Public Finance x
- International Economics x
- Technology, Engineering, Agriculture, Industrial processes x
- Economic Theory; Demography x
- Asia and Pacific x
- Labor economics x
- Environmental Economics: Generale x
This paper elaborates the introduction of surveillance that gave the IMF broader responsibilities with respect to oversight of its members’ policies than existed under the par value system. The IMF’s purview has been broadened under the new system but, by the same token, its members are no longer obliged to seek its concurrence in changes in exchange rates. The continuing volatility of exchange rates, and their prolonged divergence from levels that appear to be sustainable over time, have been matters of growing concern.