haku: @author Polak, J.J. / yhteensä: 2
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Tekijä: | Clark, P.B. Polak, J.J. |
Otsikko: | International liquidity and the role of the SDR in the international monetary system |
Lehti: | IMF Staff papers
2004 : VOL. 51:1, p. 49-71 |
Asiasana: | IMF Liquidity Special drawing rights |
Kieli: | eng |
Tiivistelmä: | 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. |
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