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Global currencies for tomorrow- a European perspective

Ignazio Angeloni (), Agnès Benassy-Quere (), Benjamin Carton (), Christophe Destais (), Zsolt Darvas (), Jean Pisani-Ferry (), Andre Sapir () and Shahin Vallée

in Blueprints from Bruegel

Abstract: This report examines how the international monetary system (IMS) might evolve and the implications of different scenarios for the euro area over the next fifteen years.After the collapse of the Bretton Woods system forty years ago, the IMS gradually developed into its present state, a hybrid mix of exchange-rate flexibility, capital mobility and monetary independence. The US dollar retains a dominant, but not exclusive, role and the IMS governance system...

Date: Written 2011-07 Originally published 2011-07.
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Working Paper: Global currencies for tomorrow: A European perspective (2011) Downloads
Working Paper: Global Currencies for Tomorrow: A European Perspective (2011)
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