On the creation of new reserve assets: the report of the study group of ten

Last year the Deputies of the Group of Ten carried out a study of the problem of international liquidity which represents a first and important result of a long process of inquiries first conducted on a theoretical level. In their report, the Deputies recognized the need for a new or additional rese...

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Main Author: R. OSSOLA
Format: Article
Language:English
Published: Associazione Economia civile 2014-02-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11633
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author R. OSSOLA
author_facet R. OSSOLA
author_sort R. OSSOLA
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description Last year the Deputies of the Group of Ten carried out a study of the problem of international liquidity which represents a first and important result of a long process of inquiries first conducted on a theoretical level. In their report, the Deputies recognized the need for a new or additional reserve asset in the long run, and consequently entrusted the detailed examination of the proposals aiming at this objective to a Study Group. The present article analyses the Report of the Study Group, published in August of this year. The nature and the limits of the Mandate are first reviewed and structure of the report detailed. The nature of the problem is then considered. The existing types of reserve assets are dealt with before the various proposals for the creation of reserve assets are then examined. horizontal analysis of the process of creating new reserve assets is then provided. Finally, future developments and prospectives are considered. JEL: E42, E51, F30
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spelling doaj.art-6604b09001aa489da38e132620ebe0d22023-02-03T16:44:15ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432014-02-01187410.13133/2037-3643/11633On the creation of new reserve assets: the report of the study group of tenR. OSSOLALast year the Deputies of the Group of Ten carried out a study of the problem of international liquidity which represents a first and important result of a long process of inquiries first conducted on a theoretical level. In their report, the Deputies recognized the need for a new or additional reserve asset in the long run, and consequently entrusted the detailed examination of the proposals aiming at this objective to a Study Group. The present article analyses the Report of the Study Group, published in August of this year. The nature and the limits of the Mandate are first reviewed and structure of the report detailed. The nature of the problem is then considered. The existing types of reserve assets are dealt with before the various proposals for the creation of reserve assets are then examined. horizontal analysis of the process of creating new reserve assets is then provided. Finally, future developments and prospectives are considered. JEL: E42, E51, F30 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11633International liquidityreserves assetsGroup of Ten
spellingShingle R. OSSOLA
On the creation of new reserve assets: the report of the study group of ten
PSL Quarterly Review
International liquidity
reserves assets
Group of Ten
title On the creation of new reserve assets: the report of the study group of ten
title_full On the creation of new reserve assets: the report of the study group of ten
title_fullStr On the creation of new reserve assets: the report of the study group of ten
title_full_unstemmed On the creation of new reserve assets: the report of the study group of ten
title_short On the creation of new reserve assets: the report of the study group of ten
title_sort on the creation of new reserve assets the report of the study group of ten
topic International liquidity
reserves assets
Group of Ten
url https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11633
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