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Item Details
Title: THE INTERNATIONAL MONETARY SYSTEM
ITS INSTITUTIONS AND ITS FUTURE
By: Hans Genberg (Editor)
Format: Paperback

List price: £96.50


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ISBN 10: 3642796834
ISBN 13: 9783642796838
Publisher: SPRINGER-VERLAG BERLIN AND HEIDELBERG GMBH & CO. KG
Pub. date: 24 November, 2011
Edition: Softcover reprint of the original 1st ed. 1995
Pages: 215
Description: HANSGENBERG An international monetary system should provide a stable and predictable environment for international trade and investment. Such integration increases the cross-border effects of economic policies at the same time as interlocking payments and financial systems transmit financial disturbances rapidly throughout the world.
Synopsis: HANSGENBERG An international monetary system should provide a stable and predictable environment for international trade and investment. At the very least, it should not by itself be a source of disturbances in the world economy, and it should be designed so that policy errors or unforeseen shocks are not unduly transmitted between countries. In this perspective, worldwide integration of goods and financial markets present a particular challenge. Such integration increases the cross-border effects of economic policies at the same time as interlocking payments and financial systems transmit financial disturbances rapidly throughout the world. As the degree of integration and interdependence changes over time, is not a foregone conc1usion that international monetary institutions and mechanisms always remain well adapted to the state of the world economy. Occasional review of the performance of the system as well as proposals for improvements are therefore necessary. The contributions to this volume have l been brought together with this in mind.
Illustrations: V, 215 p.
Publication: Germany
Imprint: Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Returns: Returnable
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