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A Short Review on the International Monetary System

In: The Past and Future of International Monetary System

Author

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  • Jingyi Wang

    (Social Sciences Academic Press (China))

Abstract

There is no clear definition on the international monetary system (IMS). As defined by Eichengreen (2008), the international monetary system is …the glue that binds national economies together. Its role is to lend order and stability to foreign exchange markets, to encourage the elimination of balance-of-payments problems, and to provide access to international credits in the event of disruptive shocks.

Suggested Citation

  • Jingyi Wang, 2016. "A Short Review on the International Monetary System," SpringerBriefs in Economics, in: The Past and Future of International Monetary System, edition 1, chapter 0, pages 5-17, Springer.
    • Handle: RePEc:spr:spbchp:978-981-10-0164-2_2
    DOI: 10.1007/978-981-10-0164-2_2
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