Guardando al futuro del Sistema Monetario Internazionale

Carlo D'Adda ()
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Carlo D'Adda: Università degli Studi di Bologna, Dipartimento di Scienze Economiche, Bologna

Moneta e Credito, 2005, vol. 58, issue 232, 109-153

Abstract: This article briefly reviews various issues concerning the functioning of the International Monetary System after 1971, such as flexible exchange rates and fixed exchange rates, optimal currency areas, increasing capital movements, exchange rate volatility, currency crises, external deficit of the United States. Even in the absence of an a priori design, the sequence of these problems has paved the way to the recent proposal of Mundell and Cooper for a world currency. This proposal is not a simple way out of today's concerns. Nevertheless, it suggests the possibility of a better future

Keywords: Sistema Monetario Internazionale; Mundell; Cooper; moneta mondiale (search for similar items in EconPapers)
JEL-codes: F30 F33 (search for similar items in EconPapers)
Date: 2005
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