search query: @journal_id 1732 / total: 81
reference: 4 / 81
| Author: | Clark, P.B. Polak, J.J. |
| Title: | International liquidity and the role of the SDR in the international monetary system |
| Journal: | IMF Staff papers
2004 : VOL. 51:1, p. 49-71 |
| Index terms: | IMF Liquidity Special drawing rights |
| Language: | eng |
| Abstract: | It is described in this paper how the changed conditions in the international monetary system have undermined the role of originally envisaged for the SDR. It argues that the concept of a global stock of international liquidity, which was fundamental to the creation of the SDR, is now no longer relevant. |
SCIMA