This paper argues that the global monetary system has exhibited significant instability since the collapse of the Bretton Woods regime in 1971. The recent challenge for economists and policy makers is the creation of a global monetary system that offers greater exchange rate stability without sacrificing international capital mobility. This paper proposes a solution that consists of three components. First, strengthening the international financial architecture to bring stability, primarily to emerging nations. Second, eventually creating a monetary union in NAFTA and extending it to other countries of the American hemisphere to bring stability to this region a la the EMU. Third, coordinating economic policies among the U.S., EU and Japan t...
This book provides an analysis of the global monetary system and the necessary reforms that it shoul...
The recent spate of severe financial crises has provoked an interest in international monetary refor...
This paper considers how the European Union, and more specifically the Euro area, can contribute to ...
The world needs an international monetary system that promotes global price stability, facilitates w...
The paper addresses three related issues about monetary institutions. First, acting alone countries ...
How can international monetary stability be promoted? This study looks at ways to bolster economic p...
This article investigates some of the causes of the financial crisis – global imbalances and unsatis...
This paper argues that the international monetary system will evolve into a bipolar structure consis...
This working paper is one of a series submitted for the Oct. 1, 2015, Baker Institute event "Currenc...
The growth dynamics of international exchange and capital flows is conditioned by the efficiency of ...
The financial crisis of 2007/2008 and the current "Euro crisis" challenge the current global monetar...
With the end of the Cold War, the international economy is moving rapidly towards a framework of mar...
ABSTRACT: International Monetary System (IMS) has been in the center of the heated debates over 70 y...
This paper outlines the modern trends in the development of the international monetary system in con...
Global currency markets have remained unsettled. The dollar hit record lows against both the yen and...
This book provides an analysis of the global monetary system and the necessary reforms that it shoul...
The recent spate of severe financial crises has provoked an interest in international monetary refor...
This paper considers how the European Union, and more specifically the Euro area, can contribute to ...
The world needs an international monetary system that promotes global price stability, facilitates w...
The paper addresses three related issues about monetary institutions. First, acting alone countries ...
How can international monetary stability be promoted? This study looks at ways to bolster economic p...
This article investigates some of the causes of the financial crisis – global imbalances and unsatis...
This paper argues that the international monetary system will evolve into a bipolar structure consis...
This working paper is one of a series submitted for the Oct. 1, 2015, Baker Institute event "Currenc...
The growth dynamics of international exchange and capital flows is conditioned by the efficiency of ...
The financial crisis of 2007/2008 and the current "Euro crisis" challenge the current global monetar...
With the end of the Cold War, the international economy is moving rapidly towards a framework of mar...
ABSTRACT: International Monetary System (IMS) has been in the center of the heated debates over 70 y...
This paper outlines the modern trends in the development of the international monetary system in con...
Global currency markets have remained unsettled. The dollar hit record lows against both the yen and...
This book provides an analysis of the global monetary system and the necessary reforms that it shoul...
The recent spate of severe financial crises has provoked an interest in international monetary refor...
This paper considers how the European Union, and more specifically the Euro area, can contribute to ...