International Liquidity and the Role of the SDR in the International Monetary System /

This paper describes how the changed conditions in the international monetary system have undermined the role originally envisaged for the SDR. It argues that the concept of a global stock of international liquidity, which was fundamental to the creation of the SDR, is now no longer relevant. Noneth...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Polak, J.
Weitere Verfasser: Clark, Peter
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2002.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2002/217
Online Zugang:Full text available on IMF