IDEAS home Printed from https://ideas.repec.org/a/lus/zwipol/v45y1996i3p303-336n4.html
   My bibliography  Save this article

Brauchen wir eine neue Weltwährungsordnung?

Author

Listed:
  • Ohr Renate

    (Universität Hohenheim Institut für Volkswirtschaftslehre Lehrstuhl für Außenwirtschaft Schloß Mittelhof-Ost, D – 70599 Stuttgart)

  • Issing Otmar

    (Mitglied des Direktoriums der Deutschen Bundesbank Wilhelm-Epstein-Straße 14, D – 60431 Frankfurt am Main)

  • Thießen Friedrich

    (Technische Universität Chemnitz-Zwickau Fakultät für Wirtschaftswissenschaften Lehrstuhl für Finanzwirtschaft und Bankbetriebslehre, D - 09107 Chemnitz)

Abstract

The economic policy forum discusses the question of whether we need a new international monetary system. Renate Ohr argues that various interventionist policy measures such as fixed exchange rates or a tobin-tax are inappropriate in order to avoid high volatility. Instead of a new international monetary system, a co-operative system which is flexible enough to react to disturbances and unequal developments is proposed by the author. This includes a better information basis about national economic policy goals and strategies. The existing “non-system” allows for sufficient flexibility to adjust to changing economic conditions. The role of the IMF should be strengthened by intensifying its function of surveillance and using it more as a forum for international co-operation.

Suggested Citation

  • Ohr Renate & Issing Otmar & Thießen Friedrich, 1996. "Brauchen wir eine neue Weltwährungsordnung?," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 45(3), pages 303-336, December.
    • Handle: RePEc:lus:zwipol:v:45:y:1996:i:3:p:303-336:n:4
    DOI: 10.1515/zfwp-1996-0304
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/zfwp-1996-0304
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/zfwp-1996-0304?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lus:zwipol:v:45:y:1996:i:3:p:303-336:n:4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.