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International Monetary Regimes

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Authors and Corporations: Goodhart, Charles (Author), Tsomocos, Dimitrios P. (Other)
Other Authors: Tsomocos, Dimitrios P. [Other]
Type of Resource: E-Book
Language: English
[S.l.] SSRN [2014]
Source: Verbunddaten SWB
Lizenzfreie Online-Ressourcen
Summary: International monetary relationships have been under strain in recent years. This is largely because adjustment mechanisms are asymmetric; the IMF has no means of putting pressure on countries with large current account surpluses to adjust. But such countries' accompanying capital account outflows have often had disappointing returns. So, we propose a method to impose symmetric constraints on the net capital flows both of deficit and surplus countries.Comments on this paper can be found at: "http://ssrn.com/abstract=2523517" http://ssrn.com/abstract=2523517
Item Description: In: Capitalism and Society, Vol. 9, No. 2, Article 2, 2014
Physical Description: 1 Online-Ressource (11 p)
Access: Open Access