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Global currencies for tomorrow: A European perspective

  • Ignazio Angeloni
  • Agnès Bénassy-Quéré
  • Benjamin Carton
  • Zsolt Darvas
  • Christophe Destais
  • Ludovic Gauvin
  • Jean Pisani-Ferry
  • André Sapir
  • Shahin Vallée

This report examines possible scenarios for the evolution of the international monetary system (IMS) and their implications for the euro area, within a 15-year perspective. The report reviews the lessons from the history of the international monetary system (IMS), analyses the current IMS, assesses global trends that are going to affect the evolution of the IMS and presents and assesses three main scenarios for the IMS: a repair-and-improve scenario, a multipolar scenario and a multilateral scenario.

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File URL: http://ec.europa.eu/economy_finance/publications/economic_paper/2011/ecp444_en.htm
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Paper provided by Directorate General Economic and Financial Affairs (DG ECFIN), European Commission in its series European Economy - Economic Papers 2008 - 2015 with number 444.

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Length: 75 pages
Date of creation: Jul 2011
Date of revision:
Handle: RePEc:euf:ecopap:0444
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