The changing gold exchange standard and the role of the International Monetary Fund

Authors

  • O.L. ALTMAN

DOI:

https://doi.org/10.13133/2037-3643/11659

Keywords:

Gold exchange standard, international monetary system, IMF, Roosa Plan, Maudling Plan

Abstract

The gold exchange standard, considered as a set of institutional arrangements, attitudes, and operating techniques, has developed a great deal in recent years. The present paper discusses a number of recent developments, and argues that these have created a gold exchange standard which in many ways functions differently than the older one. After analysing the changes that have taken place in the international monetary system, the author reviews some proposals - namely the Roosa Plan and the Maudling Plan - which would further modify traditional operations under the gold exchange standard. Such proposals are compared with the present and possible future role of the International Monetary Fund.

 

JEL: E42, F33

Downloads

Published

2014-02-24

How to Cite

ALTMAN, O. (2014). The changing gold exchange standard and the role of the International Monetary Fund. PSL Quarterly Review, 16(65). https://doi.org/10.13133/2037-3643/11659

Issue

Vol. 16 No. 65 (1963)

Section

Editorial

License

 
 
Licenza Creative Commons
 
All material in this website and every article published by the Review are licensed under a Creative Commons Attribution - Non commercial - No derivates 4.0 International license.
The authors who publish on this journal maintain all rights on their works without any restrictions.