Browse
You are looking at 1 - 1 of 1 items for :
- Environmental sciences x
- National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock x
- International Economics x
- Public Finance x
- Taxation x
- Labor Economics: General x
- Technology, Engineering, Agriculture, Industrial processes x
- Public investments x
- International institutions x
- Tax administration and procedure x
- Financial and monetary sector x
- International Economics x
- Syrian Arab Republic x
- Fiscal sector x
- Allocative Efficiency; Cost-Benefit Analysis x
- Agricultural and Natural Resource Economics?Environmental and Ecological Economics x
- Environmental 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.