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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Dettagli Bibliografici
Autore principale: Polak, J.
Altri autori: Clark, Peter
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2002.
Serie:IMF Working Papers; Working Paper ; No. 2002/217
Accesso online:Full text available on IMF