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Showing 1 through 9 of 9 results

Characteristics of a Successful Exchange Rate System

by Paul R. Masson Morris Goldstein Jacob A. Frenkel

This study identifies the key characteristics of a successful exchange rate system. It focuses on regimes in the industrial countries and consider the implications for the operation of the international monetary system.

Growth-Oriented Adjustment Programs

by Morris Goldstein Mohsin Khan Vittorio Corbo

A report from the International Monetary Fund.

Improving the International Monetary System

by Morris Goldstein Tamim Bayoumi Donald J. Mathieson Michael Mussa Peter B. Clark

This study addresses major policy issues associated with the future of the international monetary system. It focuses on whether there is a need for fundamental reform of this system, defined as systematic and sustained effort on the part of the three major industrial countries (United States, Japan, and Germany) to maintain their exchange rates within agreed ranges. It then discusses less rar-reaching reforms that could strengthen and improve the system.

Policy Issues in the Evolving International Monetary System (EPub)

by Peter Isard Mark P. Taylor Paul R. Masson Morris Goldstein

How can international monetary stability be promoted? This study looks at ways to bolster economic policies and coordination among the industrial countries serving as nominal anchors for the world economy. It also assesses the operation of monetary unions and common currency areas. The authors conclude that problems with the world monetary system reflect weaknesses outside the exchange rate arena, and that exchange rate commitements must be tailored to individual country characteristics.

Showing 1 through 9 of 9 results


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