Cover Policy Issues in the Evolving International Monetary System
Policy Issues in the Evolving International Monetary System
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Abstract

How can international monetary stability be promoted? This study looks at ways to bolster economic policies and coordination among the industrial countries serving as nominal anchors for the world economy. It also assesses the operation of monetary unions and common currency areas. The authors conclude that problems with the world monetary system reflect weaknesses outside the exchange rate arena, and that exchange rate commitements must be tailored to individual country characteristics.

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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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Series:
Occasional Papers
Publisher:
International Monetary Fund
Language:
English
Publication Date:
15 Jun 1992
DOI:
https://doi.org/10.5089/9781557752345.084
ISBN:
9781557752345
ISSN:
0251-6365
Pages:
81
Keywords:
OP; monetary union desirable; monetary union; country; exchange rate commitment; policy union; policy coordination; exchange rate union; Monetary unions; Exchange rates; Currencies; Real exchange rates; Europe; Middle East; Western Hemisphere; Asia and Pacific; Global; Exchange rate arrangements
Legal-disclaimer:
The views expressed in this book are those of the authors and should not be reported as or attributed to the International Monetary Fund, its Executive Board, or the governments of any of its member countries.
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