Journal article
Reforming the international monetary system in the 1970s and 2000s: Would a special drawing right substitution account have worked?
- Abstract:
-
Advocates of a more pluralistic international monetary and financial system seek to reduce reliance on a single national currency and to bring international liquidity under collective control. One recently revived proposal would transform US dollar official reserves into claims denominated in the IMF's key currency basket, Special Drawing Rights (SDRs). Drawing on new archival evidence and simulations, this article highlights issues that derailed earlier agreement on such an account and short...
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- Publication status:
- Published
- Peer review status:
- Peer reviewed
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Authors
Funding
Economic and Social Research Council
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Bibliographic Details
- Publisher:
- Wiley Publisher's website
- Journal:
- International Finance Journal website
- Volume:
- 18
- Issue:
- 2
- Pages:
- 187-206
- Publication date:
- 2015-08-27
- DOI:
- EISSN:
-
1468-2362
- ISSN:
-
1367-0271
Item Description
- Keywords:
- Pubs id:
-
pubs:735344
- UUID:
-
uuid:84267c69-c52f-49c6-93a3-4c715f062ae6
- Local pid:
- pubs:735344
- Source identifiers:
-
735344
- Deposit date:
- 2017-10-13
Terms of use
- Copyright holder:
- McCauley and Schenk
- Copyright date:
- 2015
- Notes:
-
© 2015 The Authors International Finance Published by John Wiley and Sons Ltd
This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
- Licence:
- CC Attribution (CC BY)
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