Reforming the international monetary system in the 1970s and 2000s: Would a special drawing right substitution account have worked?
Advocates of a more pluralistic international monetary and financial system seek to reduce reliance on a single national currency and to bring international liquidity under collective control. One recently revived proposal would transform US dollar official reserves into claims denominated in the IM...
Main Authors: | McCauley, R, Schenk, C |
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Format: | Journal article |
Published: |
Wiley
2015
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