The International Political Economy of Monetary Relations
Benjamin J. Cohen
Edward Elgar Pub, 1993 - Business & Economics - 657 pages
This is a very useful book for students of international relations or of the politics of international monetary affairs. K. Alec Chrystal, The Economic Journal This key reference collection focuses on the international monetary system. It includes seminal contributions on issues such as exchange rate systems, recycling, adjustment mechanisms, debtor creditor relations, international monetary policy coordination and seigniorage. While focusing on the international system it includes important work on domestic policy making that affects this system.
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adjustment agreement alternative American analysis balance of payments balance-of-payments Bretton Woods Bretton Woods system Britain British central banks changes cooperation costs Cournot solution creditors crisis D-Country debt debtors deficit country devaluation developed countries discussion dollar economic interdependence economic policy economists effect European exchange-rate Exchange-Rate Systems exports fixed exchange rates foreign policy France French function Germany global gold conversions gold standard governments hegemonic stability theory imbalances important increase interest rates international economic International Finance International Monetary Fund INTERNATIONAL MONETARY REFORM international monetary system International Organization international reserves investment issues less liquidity loan major Master Currency ment monetary authorities monetary policy monetary reform monetary regime monetary relations national monetary negotiations official parity payoff matrix policy coordination Political Economy preferences problem rate of inflation relative reserve asset reserve currency reserve-currency role rules SDRs seigniorage sterling substitution account surplus countries tion Top Currency trade United