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...
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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2002.
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Collection: | IMF Working Papers; Working Paper ;
No. 2002/217 |
Accès en ligne: | Full text available on IMF |