History and Reform of the International Monetary System

This paper surveys the history of the international monetary system and considers alternatives for its reform. It first identifies three necessary conditions for international monetary stability. It then uses them as a basis for analyzing the functioning of alternative international monetary arrangements. The paper concludes with reflections on international monetary reform.


Issue Date:
1994-10
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/233391
Total Pages:
41
JEL Codes:
N0; F0
Series Statement:
Working Paper
C94-041




 Record created 2017-04-01, last modified 2017-08-29

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