Political Conditions for International Currency Reform

Hans O. Schmitt

International Organization, 1964, vol. 18, issue 3, 543-557

Abstract: Recent schemes for international currency reform are unrealistic to the extent that they are derived as optimum solutions to economic problems alone. International currency arrangements are instances of international organization generally, and consequently fall within the scope of political sociology as much as—if not more than—of pure economics. Political complications must therefore not only be acknowledged, as they usually are, but analyzed as well, as they often are not. This essay represents an inquiry in that direction.

Date: 1964
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