The Evolution of the International Monetary System
Author: Robert Triffin
Publisher:
Published: 1964
Total Pages: 87
ISBN-13:
DOWNLOAD EBOOKPosts
Rethinking the International Monetary System
Author: Jane Sneddon Little
Publisher: University Press of the Pacific
Published: 1999
Total Pages: 304
ISBN-13:
DOWNLOAD EBOOKAccording to a recent World Bank study, the Asian crisis led to a significant rise in poverty and sharp declines in middle-class living standards in the countries most affected. Real public spending on health and education fell, with poor households experiencing the largest declines in access to these services. The impact of decreased investment in human capital will have consequences for individuals and whole societies for years to come. Because these external shocks occurred very shortly after these countries had liberalized their capital markets, they have engendered a growing distrust of globalization in many parts of the world. We owe it to the people of the developing countries, as well as to ourselves, to consider how institutional or policy changes could moderate such setbacks in the future. For all these reasons, this conference seemed a good time to pause and consider the implications of recent events, institutional changes, and new research for the evolution of the international monetary system. Representing frontline countries and frontline institutions, many of the conference participants had struggled firsthand with the dilemmas posed by the recent crises. Thus, they brought unique perspectives on the issues and offered thoughtful observations and useful ideas that could improve the workings of the international monetary system. It is our hope that this publication of their views will stimulate further discussion, research and, more than partial implementation.
Reforming the International Financial System for Development
Author: Jomo Kwame Sundaram
Publisher: Columbia University Press
Published: 2010
Total Pages: 390
ISBN-13: 0231157649
DOWNLOAD EBOOKJomo Kwame Sundaram is assistant secretary general for economic development at the United Nations and research coordinator for the G24 Intergovernmental Group on International Monetary Affairs and Development. In 2007 he was awarded the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought. --Book Jacket.
A Retrospective on the Bretton Woods System
Author: Michael D. Bordo
Publisher: University of Chicago Press
Published: 2007-12-01
Total Pages: 692
ISBN-13: 0226066908
DOWNLOAD EBOOKAt the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971. The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world.
History of the IMF
Author: Kazuhiko Yago
Publisher: Springer
Published: 2015-06-10
Total Pages: 338
ISBN-13: 4431553517
DOWNLOAD EBOOKThis book describes the history of the IMF from its birth, through the Bretton Woods era, and in the aftermath. Special attention is paid to integrating IMF history with the macro-economic policies of member countries and of other international institutions as well. This collection of work presents a clear understanding, inter alia, of the influence of the United States over IMF policy via the National Advisory Committee; the dealings of the IMF with the UK on pound sterling policy; the institutional change of the IMF brought about by Per Jacobsson, the third managing director; and France, Italy, Germany, Canada, and Japan vis-à-vis IMF consultations. It also provides the reader with topics concerning the bankers’ acceptance market function and international liquidity issues in relation to IMF policy; the final chapter sheds light on the long-standing relations between the IMF and China, from the Bretton Woods Agreement to the contemporary period. All the chapters are archive-based academic studies providing deep insights with historical background, which makes this book the first thoroughly independent achievement in the field of IMF history. This book is highly recommended to readers interested in contemporary monetary and financial history and those who seek to obtain a coherent image of postwar international institutions and markets.
A History of International Monetary Diplomacy, 1867 to the Present
Author: Giulio Gallarotti
Publisher: Routledge
Published: 2021-07-29
Total Pages: 256
ISBN-13: 9781138841154
DOWNLOAD EBOOKThis new book is the first chronicle of how domestic politics (in the form of the guardian state) has shaped the monetary landscape from the time of the emergence of an international monetary system in the late 19th century, to the present day. Since the emergence of an international monetary system under the classical gold standard in the late-19th century, the landscape defining monetary relations and diplomacy has reflected a fundamental sensitivity to the structures and processes comprising domestic politics. Various influential histories of monetary relations proclaim the influence of domestic politics, whilst others attest to the power of domestic politics in a more restricted historical period. While these and other conventional monetary histories underscore the influence of domestic political forces in shaping monetary history, none has chronicled the precise process of this influence over the history of the international monetary system: 1880- present. The book provides many lessons from which implications can be drawn about an important issue in international economic relations: the present state and problems of the global monetary system and the possibilities for monetary cooperation.
The International Monetary System
Author: Peter B. Kenen
Publisher: Cambridge University Press
Published: 1994-10-13
Total Pages: 370
ISBN-13: 9780521467292
DOWNLOAD EBOOKIn the two decades prior to publication of this 1994 book, international monetary relations had been characterised by latent instability, and then by severe tensions. Yet the issue of reforming the international monetary system does not appear on the agenda of the policy makers of the major countries involved. The International Monetary System tries to analyse this apparent contradiction. It brings together contributions from some of the most authoritative academic economists and monetary officials, and examines each of the fundamental functions of the international monetary system. There is broad support for improving present monetary arrangements with the aim of ensuring more stable conditions in monetary and financial markets and of promoting the orderly adjustment of payments disequilibria. For political reasons a fully-fledged reform exercise is unlikely, but very few experts seem to like the status quo. This book provides the reader with a comprehensive account of the institutional and policy changes required to manage an increasingly integrated and interdependent global monetary and financial system.
France and the Breakdown of the Bretton Woods International Monetary System
Author: Ms.Dominique Simard
Publisher: International Monetary Fund
Published: 1994-10-01
Total Pages: 58
ISBN-13: 1451935366
DOWNLOAD EBOOKThe IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
The International Monetary System and the Theory of Monetary Systems
Author: Pascal Salin
Publisher: Edward Elgar Publishing
Published: 2016-11-25
Total Pages: 272
ISBN-13: 1786430304
DOWNLOAD EBOOKThe international monetary system, and the disparate systems that make it up, are complex and there are many fallacies surrounding the ways in which they work. This book provides a clear and rigorous understanding of these systems and their possible consequences.
Money in Historical Perspective
Author: Anna J. Schwartz
Publisher: University of Chicago Press
Published: 1987
Total Pages: 472
ISBN-13: 9780226742281
DOWNLOAD EBOOKModern monetary economics has been significantly influenced by the knowledge and insight brought to the field by the work of Anna J. Schwartz, an economist whose career has spanned almost half a century. Her contributions evidence a broad expertise in international history and policy, and an ability to apply the results of her careful historical research to current issues and debates. Money in Historical Perspective is a collection of sixteen of her papers selected by Michael D. Bordo and Milton Friedman. Grouped into three sections, the essays constitute a number of Dr. Schwartz's most cited articles on the subject of monetary economics, many of which are no longer readily accessible. In the papers in part I, dating from 1947 to the present, Dr. Schwartz examines money and banking in the United States and the United Kingdom from a historical perspective. Her investigation of the historical evidence linking economic instability to erratic monetary behavior—this behavior itself a product of discretionary monetary policy—has led her to argue for the importance of stable money, and her writings on these issues over the last two decades form part II. The volume concludes with four recent articles on international monetary arrangements, including Dr. Schwartz's well-known work on the gold standard. This volume of classic essays by Anna Schwartz will be a useful addition to the libraries of scholars and students for its exemplary historical research and commentary on monetary systems.
