Regional payment agreements: An alternative to currency convertibility?
Regional Payment Agreements (RPAs) replicate, on a regional scale, John M. Keynes’s proposal at the Bretton Woods Conference, based on the recording and subsequent clearing of transactions. The analysis of the three “founding” RPAs from the Golden Age (Finland-USSR, European Payments Union and the...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universidad Nacional de Colombia
2023-04-01
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Series: | Cuadernos de Economía |
Subjects: | |
Online Access: | https://revistas.unal.edu.co/index.php/ceconomia/article/view/102898 |