Remaking the International Monetary System. The Rio Agreement and beyond

Name: Remaking the International Monetary System. The Rio Agreement and beyond
Author: Machlup

1968

by Machlup

Fritz MachlupMonetary PolicyInternational LiquidityMonetary ReformSpecial Drawing RightsInternational Monetary FundBretton WoodsGold StandardJohn Maynard KeynesBalance of PaymentsEuropean UnionMonetary TheoryGold ReservesMercantilismCredit ExpansionInflationRobert TriffinLiquidityMonetary StabilityMoney SupplyExchange RatesConvertibility

Table of Contents · 39 segments

Front Matter and Publication Detailsfront_matter

Table of Contentstable_of_contents

Foreword by Howard C. Petersenpreface

Introduction: The Art of Linguistic Pragmatismintroduction

1. Preliminary International Discussionschapter

2. Agreement Despite Disagreementchapter

3. The New System: The Giro System and Allocationchapter

The Use of SDR's and Quantitative Limitschapter

A Hierarchy of Rules for Transferschapter

The Equality and Balance Criteria for SDR Holdingstheoretical

Statistical Disparities in Quotas and Reservestheoretical

A Glossary of Terms for SDR Holdingstheoretical

Tabulation Model and Accounting Procedurestheoretical

The Gold-Value Guarantee and the Two-Tier Gold Markettheoretical

The Sense of the Whole Scheme: Nondebt-Moneytheoretical

Future Projections and the 85 Per Cent Votetheoretical

Background and Implications: The Purposes of Creating Liquiditytheoretical

The Liberalizing Influence and Statistical Analysistheoretical

Inflationary Impact and Resource Transfertheoretical

To Whom Shall Be Given? Distribution Strategiestheoretical

Universality and the Myth of Backingtheoretical

SDRs as a Boon for Developing and Deficit Countriestheoretical

The Problem of Confidence and Reserve Currenciestheoretical

Semantic and Theoretic Explanations: Money vs. Credittheoretical

The Nature of Reserve Assets and Credit Facilitiestheoretical

Reconstitution versus Repayment and the Transfer of Real Resourcestheoretical

SDRs as Credit and Money: A Semantic Analysistheoretical

Unfinished Business: The US Payments Deficit and the Dollar Overhangchapter

Strategies for Restoring Balance and Confidencetheoretical

Proposed Reforms: Pooling Reserves and Cutting the Gold Linktheoretical

Appendix A: Outline of a Facility Based on Special Drawing Rightstheoretical

Appendix B: List of Articles and Sections of the IMF Agreementbibliography

Articles XXIV-XXVI: Allocation, Operations, and Interest of Special Drawing Rightschapter

Articles XXVII-XXXI: Administration, Obligations, Suspension, and Liquidationchapter

Explanation of Terms and Proposed Modifications of Original Articlestheoretical

Appendix D: Proposed Additions to the Articles of Agreement (Articles XXI-XXXII)theoretical

Schedules F through I: Designation, Reconstitution, and Liquidationtheoretical

Appendix E: Impact of Hypothetical Allocation of SDRs on Balances of Paymentstheoretical

Indexbibliography