Central banks and international monetary arrangements
DOI:
https://doi.org/10.13133/2037-3643/11895Keywords:
Central banking, international cooperation, monetary policy, FED, reservesAbstract
The article reviews the short history of central banking from Bagehot on, drawing the main conclusions for the present-day situation. The author’s main focus is on international cooperation among central banks, and the main policy proposal is for the Federal Reserve to join the rest of the world by adding monetary holdings in some foreign currencies to the official reserves.
JEL: E42, E58, F33
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Published
2014-03-26
How to Cite
TAMAGNA, F. (2014). Central banks and international monetary arrangements. PSL Quarterly Review, 14(57). https://doi.org/10.13133/2037-3643/11895
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Section
Editorial
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