Regional Financial Arrangements and the International Monetary Fund

Barry Eichengreen

Governance Working Papers from East Asian Bureau of Economic Research

Abstract: The rise of regional monetary arrangements poses a challenge for the International Monetary Fund (IMF)'s global surveillance efforts. This paper reviews how the IMF has responded to earlier regional initiatives, from the European Payments Union of the 1950s and the Gold Pool of the 1960s to the CFA franc zone and the European Monetary System. The penultimate section draws out the implications for monetary regionalism in East Asia.

Keywords: Regional monetary arrangements; IMF; global surveillance; East Asia (search for similar items in EconPapers)
JEL-codes: F30 F53 F55 (search for similar items in EconPapers)
Date: 2012-11
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Citations: View citations in EconPapers (9)

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Related works:
Working Paper: Regional Financial Arrangements and the International Monetary Fund (2012)
Working Paper: Regional Financial Arrangements and the International Monetary Fund (2012)
Working Paper: Regional Financial Arrangements and the International Monetary Fund (2012)
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