Browse
You are looking at 1 - 1 of 1 items for :
- International Agreements and Observance; International Organizations x
- Environmental economics x
- Tax policy x
- El Salvador x
- Environmental Economics: Generale x
- Syrian Arab Republic x
- Vietnam x
- Allocative Efficiency; Cost-Benefit Analysis x
- Financial and monetary sector x
- Innovation; Research and Development; Technological Change; Intellectual Property Rights: General x
- Microeconomics x
- Society and Social Sciences x
- Economic Development, Innovation, Technological Change, and Growth x
- Public investments x
- Periodicals x
- Economic Theory; Demography x
- Finance and accounting x
- Africa x
- Environmental sciences x
- Business and Economics 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.