Some considerations on the reform of the international monetary and financial system





Commercial Banks, International Economic Policy, Foreign Investment Regulations, Currency Stabilisation Programs, Monetary policy


The paper discusses different views on the reform of the International Monetary System. It illustrates the most recent antecedents of the current debate, focusing on criteria, determinants and effects of the choice among different exchange regimes and discussing in particular the relationship between fixed exchange rates and financial crises, and the relationship between exchange rates and worldwide freedom of capital movements.


JEL Codes: E02, E5


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How to Cite

GRILLI, E. (2013). Some considerations on the reform of the international monetary and financial system. PSL Quarterly Review, 52(209).