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...

Description complète

Détails bibliographiques
Auteur principal: Polak, J.
Autres auteurs: Clark, Peter
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2002.
Collection:IMF Working Papers; Working Paper ; No. 2002/217
Accès en ligne:Full text available on IMF