A central position for the special drawing right in the monetary system
The amended articles of the IMF stipulate that member countries must cooperate with the IMF and among themselves to make the special drawing right (SDR) the principle reserve instrument of the international monetary system. The present paper discusses some of the issues which will have to be analyse...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2014-01-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11512 |
| _version_ | 1811172514324283392 |
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| author | J. VAN YPERSELE |
| author_facet | J. VAN YPERSELE |
| author_sort | J. VAN YPERSELE |
| collection | DOAJ |
| description | The amended articles of the IMF stipulate that member countries must cooperate with the IMF and among themselves to make the special drawing right (SDR) the principle reserve instrument of the international monetary system. The present paper discusses some of the issues which will have to be analysed in this framework. It deals first with the role of the SDR after the important changes which have taken place in the international monetary system. It then stresses the present weaknesses of the SDR and goes on to make suggestions as to how they could be dealt with.
JEL: F33, E42
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| first_indexed | 2024-04-10T17:32:28Z |
| format | Article |
| id | doaj.art-781a18478f384580832b6b8cb3d3cfbb |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:32:28Z |
| publishDate | 2014-01-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-781a18478f384580832b6b8cb3d3cfbb2023-02-03T16:44:37ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432014-01-013012310.13133/2037-3643/11512A central position for the special drawing right in the monetary systemJ. VAN YPERSELEThe amended articles of the IMF stipulate that member countries must cooperate with the IMF and among themselves to make the special drawing right (SDR) the principle reserve instrument of the international monetary system. The present paper discusses some of the issues which will have to be analysed in this framework. It deals first with the role of the SDR after the important changes which have taken place in the international monetary system. It then stresses the present weaknesses of the SDR and goes on to make suggestions as to how they could be dealt with. JEL: F33, E42 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11512IMFspecial drawing rightSDRinternational monetary system |
| spellingShingle | J. VAN YPERSELE A central position for the special drawing right in the monetary system PSL Quarterly Review IMF special drawing right SDR international monetary system |
| title | A central position for the special drawing right in the monetary system |
| title_full | A central position for the special drawing right in the monetary system |
| title_fullStr | A central position for the special drawing right in the monetary system |
| title_full_unstemmed | A central position for the special drawing right in the monetary system |
| title_short | A central position for the special drawing right in the monetary system |
| title_sort | central position for the special drawing right in the monetary system |
| topic | IMF special drawing right SDR international monetary system |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11512 |
| work_keys_str_mv | AT jvanypersele acentralpositionforthespecialdrawingrightinthemonetarysystem AT jvanypersele centralpositionforthespecialdrawingrightinthemonetarysystem |