Central banks and international monetary arrangements

Authors

  • F.M. TAMAGNA

DOI:

https://doi.org/10.13133/2037-3643/11895

Keywords:

Central banking, international cooperation, monetary policy, FED, reserves

Abstract

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

Issue

Section

Editorial