Il problema della riforma del sistema monetario internazionale: questioni fondamentali e prospettive di una prima area d'accordo. (The problem of international monetary reform: major questions and prospective initial area of agreement)
The Group of Ten’s exclusion of either gold revaluation or flexible exchange rates as solutions to the international monetary problem suggests the continued use of reserve media other than gold in order to feed the world pool of international monetary reserves. These two media could theoretically ta...
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| Format: | Article |
| Language: | Italian |
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Associazione Economia civile
2014-07-01
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| Series: | Moneta e Credito |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12427 |
| _version_ | 1828042788894146560 |
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| author | R. TRIFFIN |
| author_facet | R. TRIFFIN |
| author_sort | R. TRIFFIN |
| collection | DOAJ |
| description | The Group of Ten’s exclusion of either gold revaluation or flexible exchange rates as solutions to the international monetary problem suggests the continued use of reserve media other than gold in order to feed the world pool of international monetary reserves. These two media could theoretically take the form of either commodity reserves or credit reserves. However, current discussions are likely to focus on a better organisation of the latter, which play an increasingly important role in the present monetary system. The present article discusses four issues that arise from this: the overall amounts and stability, the distribution among reserve holders, the distribution among reserve debtors, the institutional framework for implementation.
JEL: E42, F33
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| first_indexed | 2024-04-10T17:35:26Z |
| format | Article |
| id | doaj.art-2f163773a86b43c8aff26d3c6ed2c0f7 |
| institution | Directory Open Access Journal |
| issn | 2037-3651 |
| language | Italian |
| last_indexed | 2024-04-10T17:35:26Z |
| publishDate | 2014-07-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | Moneta e Credito |
| spelling | doaj.art-2f163773a86b43c8aff26d3c6ed2c0f72023-02-03T16:39:01ZitaAssociazione Economia civileMoneta e Credito2037-36512014-07-01176610.13133/2037-3651/12427Il problema della riforma del sistema monetario internazionale: questioni fondamentali e prospettive di una prima area d'accordo. (The problem of international monetary reform: major questions and prospective initial area of agreement)R. TRIFFINThe Group of Ten’s exclusion of either gold revaluation or flexible exchange rates as solutions to the international monetary problem suggests the continued use of reserve media other than gold in order to feed the world pool of international monetary reserves. These two media could theoretically take the form of either commodity reserves or credit reserves. However, current discussions are likely to focus on a better organisation of the latter, which play an increasingly important role in the present monetary system. The present article discusses four issues that arise from this: the overall amounts and stability, the distribution among reserve holders, the distribution among reserve debtors, the institutional framework for implementation. JEL: E42, F33 https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12427International monetary systemreformflexible exchange ratemonetary reservesinstitutional framework |
| spellingShingle | R. TRIFFIN Il problema della riforma del sistema monetario internazionale: questioni fondamentali e prospettive di una prima area d'accordo. (The problem of international monetary reform: major questions and prospective initial area of agreement) Moneta e Credito International monetary system reform flexible exchange rate monetary reserves institutional framework |
| title | Il problema della riforma del sistema monetario internazionale: questioni fondamentali e prospettive di una prima area d'accordo. (The problem of international monetary reform: major questions and prospective initial area of agreement) |
| title_full | Il problema della riforma del sistema monetario internazionale: questioni fondamentali e prospettive di una prima area d'accordo. (The problem of international monetary reform: major questions and prospective initial area of agreement) |
| title_fullStr | Il problema della riforma del sistema monetario internazionale: questioni fondamentali e prospettive di una prima area d'accordo. (The problem of international monetary reform: major questions and prospective initial area of agreement) |
| title_full_unstemmed | Il problema della riforma del sistema monetario internazionale: questioni fondamentali e prospettive di una prima area d'accordo. (The problem of international monetary reform: major questions and prospective initial area of agreement) |
| title_short | Il problema della riforma del sistema monetario internazionale: questioni fondamentali e prospettive di una prima area d'accordo. (The problem of international monetary reform: major questions and prospective initial area of agreement) |
| title_sort | il problema della riforma del sistema monetario internazionale questioni fondamentali e prospettive di una prima area d accordo the problem of international monetary reform major questions and prospective initial area of agreement |
| topic | International monetary system reform flexible exchange rate monetary reserves institutional framework |
| url | https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12427 |
| work_keys_str_mv | AT rtriffin ilproblemadellariformadelsistemamonetariointernazionalequestionifondamentalieprospettivediunaprimaareadaccordotheproblemofinternationalmonetaryreformmajorquestionsandprospectiveinitialareaofagreement |