Special Drawing Rights (SDRs) The First International Money

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  • Engels
  • Hardcover
  • 9780199606467
  • 24 november 2011
  • 297 pagina's
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Samenvatting

Special Drawing Rights (SDRs) have recently re-emerged as a potential source of support and stability for the world economy, and this volume looks at the history of SDRs as well as the changing roles of the United States and the International Monetary Fund and the nature of the relationship between them.



Following the Rio Agreement in 1967, the birth of the Special Drawing Right (SDR) was widely heralded as the first step towards a world international money. The SDR's intended purpose, though, was more modest: to help salvage the prevailing international monetary system which had evolved since Bretton Woods. This volume examines the relatively recent and important history of SDRs - what they are, where they came from, and why they are significant. It considers the changing roles and influences of the US and the IMF as post-Bretton Woods monetary arrangements established themselves. Despite their retreat from early acclaim, work continued, particularly at the Fund, on enhancing the potential of SDRs to contribute to international monetary stability and SDRs have recently re-emerged as a potential source of support and stability for the international monetary system underpinning the world economy. The SDR, and the debate surrounding it, is an excellent prism through which to examine other important themes in contemporary international political economy, including international liquidity provision and international monetary reform. Ultimately, the policies of the US, the Fund, and the changing nature of the relationship between them emerge as fundamental themes for an understanding of prospects for SDRs under post-Bretton Woods international monetary arrangements. Today, the promise and disappointment that has characterized the short history of SDRs is more important than ever as the world again examines these arrangements in the wake of the international financial crisis.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Hardcover
Oorspronkelijke releasedatum
24 november 2011
Aantal pagina's
297
Illustraties
Nee

Betrokkenen

Hoofdauteur
Christopher Wilkie
Hoofduitgeverij
Oxford University Press

Overige kenmerken

Extra groot lettertype
Nee
Product breedte
164 mm
Product hoogte
25 mm
Product lengte
241 mm
Studieboek
Ja
Verpakking breedte
164 mm
Verpakking hoogte
19 mm
Verpakking lengte
241 mm
Verpakkingsgewicht
640 g

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EAN
9780199606467
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