Enhancing International Monetary Stability : A Role for the SDR?.
The SDR has enjoyed renewed attention lately in the context of debates on international monetary reform. To be sure, the term SDR has been used to refer to three different concepts-(i) a composite reserve asset created in 1969: the 'official SDR' as defined in the Fund's Articles; (ii...
Údar corparáideach: | |
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Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2011.
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Sraith: | Policy Papers; Policy Paper ;
No. 2011/047 |
Rochtain ar líne: | Full text available on IMF |
Achoimre: | The SDR has enjoyed renewed attention lately in the context of debates on international monetary reform. To be sure, the term SDR has been used to refer to three different concepts-(i) a composite reserve asset created in 1969: the 'official SDR' as defined in the Fund's Articles; (ii) a potential new class of reserve assets: tradable SDRdenominated securities issued by the Fund or an investment vehicle backed by a subset of the Fund's membership; and (iii) a unit of account, which could be used to price internationally traded assets (e.g., sovereign bonds) and goods (e.g., commodities), to peg currencies, and to report balance of payments data. All three are discussed in this paper. |
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Cur síos ar an mír: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
Cur síos fisiciúil: | 1 online resource (42 pages) |
Formáid: | Mode of access: Internet |
ISSN: | 2663-3493 |
Rochtain: | Electronic access restricted to authorized BRAC University faculty, staff and students |