IDEAS home Printed from https://ideas.repec.org/h/pal/pshchp/978-3-030-98588-2_9.html
   My bibliography  Save this book chapter

The International Monetary System

In: Richard F. Kahn

Author

Listed:
  • Richard F. Kahn

Abstract

Kahn’s article, published in 1973, reflects on the deficiencies in the operations of the international monetary mechanism in the twenty years after World War II and on the attempts to overcome them by reforming the Bretton Woods System. Kahn focuses on the problem of exchange rate adjustment in the face of external disequilibrium and the limits of clean floating. Kahn insists on the importance of managing changes in official parities in a flexible manner, avoiding the formation of destabilizing speculative positions. This is not only a question of improved machinery and improved operation of the old machinery, but of revitalizing the strong desire for cooperation between the representatives of countries of every kind and the fruitfulness of this cooperation.

Suggested Citation

  • Richard F. Kahn, 2022. "The International Monetary System," Palgrave Studies in the History of Economic Thought, in: Maria Cristina Marcuzzo & Paolo Paesani (ed.), Richard F. Kahn, chapter 0, pages 179-190, Palgrave Macmillan.
    • Handle: RePEc:pal:pshchp:978-3-030-98588-2_9
    DOI: 10.1007/978-3-030-98588-2_9
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:pal:pshchp:978-3-030-98588-2_9. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.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.