The global monetary system after the fall of the Soviet Empire

The global monetary system after the fall of the Soviet Empire

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This book is a collection of papers presented at a conference held at Castle SzirAik, Hungary in memoriam of Robert Triffin, the Belgian-American economist, who taught at Yale (1958-1977) and from 1946 almost until his death was a leading contributor to the creation of the post-war international monetary system, as embodied in the European Payments Union (1950), the First Amendment of the International Monetary Fund (1969), and the European Monetary System (1979). The book is the first recent book-length manuscript paying tribute to his remarkable life's work. Most of the essays are written in his spirit and frame of mind. He has demanded, fought for, and was more often successful than not, for the establishment of the monetary rule, a set of principles and international agreements which promoted stability in international currency markets as one of the foundations of non-inflationary economic growth. It is unfortunate that opposite political forces were on the ascendant since the early 1970s. They have created today's high inflation-low growth economy, even in the most industrially developed countries. The resulting present monetary arrangements make dealing with the post-Soviet challenges difficult. One of the strengths of the book is that it reaches back to Triffin's essentially neo-Keynesian inspiration at a time when this is not yet a popular approach. The book presents several essays with the main conclusion that a return to the monetary rule and to the greater use of Special Drawing Rights are important not only for the rebuilding of shattered economies of Central and Eastern Europe, but also for global monetary and economic growth and stability.Plastics Consumer electronics equipment If you are, like Austria, a country practically without an automobile industry of its own ... Electric wiring harnesses AC Rochester: Fuel injectors M.A.N.-OeAF: Trucks and buses Steyr-Daimler- Puch: Trucks, ... automotive component manufacturers, such as: Bosch: Diesel injection pumps Comprex (Mazda): Supercharger for ... TV sets Philips: Radios, video recorders, audio systems, communication equipment Siemens: Semiconductors, electronicanbsp;...

Title:The global monetary system after the fall of the Soviet Empire
Author:Miklós Szabó-Pelsőczi
Publisher: - 1995


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