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Guardando al futuro del Sistema Monetario Internazionale

Author

Listed:
  • Carlo D'Adda

    (Università degli Studi di Bologna, Dipartimento di Scienze Economiche, Bologna)

Abstract

This article briefly reviews various issues concerning the functioning of the International Monetary System after 1971, such as flexible exchange rates and fixed exchange rates, optimal currency areas, increasing capital movements, exchange rate volatility, currency crises, external deficit of the United States. Even in the absence of an a priori design, the sequence of these problems has paved the way to the recent proposal of Mundell and Cooper for a world currency. This proposal is not a simple way out of today's concerns. Nevertheless, it suggests the possibility of a better future

Suggested Citation

  • Carlo D'Adda, 2005. "Guardando al futuro del Sistema Monetario Internazionale," Moneta e Credito, Economia civile, vol. 58(232), pages 109-153.
    • Handle: RePEc:psl:moneta:2005:32
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    File URL: http://ojs.uniroma1.it/index.php/monetaecredito/article/view/9743/9629
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    More about this item

    Keywords

    Sistema Monetario Internazionale; Mundell; Cooper; moneta mondiale;
    All these keywords.

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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