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Improving the International Monetary System: Constraints and Possibilities

Author

Listed:
  • Mr. Morris Goldstein
  • Mr. Donald J Mathieson
  • Mr. Tamim Bayoumi
  • Mr. Michael Mussa
  • Mr. Peter B. Clark

Abstract

This study addresses major policy issues associated with the future of the international monetary system. It focuses on whether there is a need for fundamental reform of this system, defined as systematic and sustained effort on the part of the three major industrial countries (United States, Japan, and Germany) to maintain their exchange rates within agreed ranges. It then discusses less rar-reaching reforms that could strengthen and improve the system.

Suggested Citation

  • Mr. Morris Goldstein & Mr. Donald J Mathieson & Mr. Tamim Bayoumi & Mr. Michael Mussa & Mr. Peter B. Clark, 1995. "Improving the International Monetary System: Constraints and Possibilities," IMF Occasional Papers 1995/001, International Monetary Fund.
  • Handle: RePEc:imf:imfops:1995/001
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=438
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    Cited by:

    1. Ragoobur, Verena Tandrayen & Tengur, Neha Devi & Seewooruttun, Bhooteshta, 2021. "South-South Trade: The Potential for Mauritius," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 46(3), pages 45-65, September.

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