Functioning of the International Monetary System
Author： Mr. Jacob A. Frenkel Mr. Morris Goldstein
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 1996
E-ISBN: 9781455249695
P-ISBN(Paperback): 9781557755544
Subject： F831 The world financial, banks
Language： ENG
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Description
The fiftieth anniversary of the Bretton Woods Conference served as an opportunity to reappraise the desirability of strengthening the IMF's oversight of the functioning of the international monetary system. Whatever the design of an exchange rate system and the arrangements for the provision of international liquidity, it is widely accepted that to be effective such oversight must rest on a strong analytic foundation. These two volumes, edited by Jacob A. Frenkel and Morris Goldstein, present 30 analytic papers on the system as it functioned during 1987-91 and aim at conveying the flavor of those issues that commanded close attention in the Fund's research program.