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The ECU and the International Monetary System

Paul Grauwe and Theo Peeters
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Paul Grauwe: Catholic University of Leuven
Theo Peeters: Catholic University of Leuven

Chapter 7 in The ECU and European Monetary Integration, 1989, pp 194-213 from Palgrave Macmillan

Abstract: Abstract It would not be too much of a distortion to characterize the present International Monetary System (IMS) as a ‘tripolar system’ with the dollar, the yen and the DM at the respective poles.

Keywords: Exchange Rate; Central Bank; Capital Mobility; Panel Discussion; Domestic Currency (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-19518-3_7

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DOI: 10.1007/978-1-349-19518-3_7

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