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The Exchange Rate System and the IMF: A Modest Agenda

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The Exchange Rate System and the IMF: A Modest Agenda - Goldstein, Morris
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Global currency markets have remained unsettled. The dollar hit record lows against both the yen and the mark in 1995. The Mexican crisis led to a free fall of the peso. Renewed tensions in the European Monetary System required devaluations in Spain and Portugal. It is thus fortuitous that the world's major countries, starting with the G-7 summit in Italy in June 1994, have agreed to reexamine the world monetary system and the role of its chief institutional custodian the International Monetary Fund. Yet there is little ...

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The Exchange Rate System and the IMF: A Modest Agenda 1995, Peterson Institute for International Economics, New York

ISBN-13: 9780881322194

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