The new international monetary system : essays in honor of Alexander Swoboda / / edited by Charles Wyplosz

• Record Nr.: UNINA9910792464403321
• Pubbl/distr/stampa: London ; ; New York : , : Routledge, , 2010
• ISBN: 1-135-16381-2; 1-135-16382-0; 1-282-57158-3; 9786612571589; 0-203-85839-5
• Descrizione fisica: 1 online resource (198 p.)
• Collana: Routledge international studies in money and banking The new international monetary system
• Altri autori (Persone): SwobodaAlexander K; WyploszCharles
• Disciplina: 332.4/5; 332.45
• Soggetti: International finance; Foreign exchange rates; International liquidity
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Book Cover; Title; Copyright; Contents; Contributors; Introduction; Part I: How has the IMF changed?; 1 The past and future of IMF reform: A proposal; 2 The future of the IMF and of regional cooperation in East Asia; Part II: Exchange rate regimes Old debate, new answers; 3 'Global inflation' and 'the proper use of policies under fixed and flexible exchange rates': A personal perspective on two themes of Alexander's research; 4 Inflation targeting and debt crises in the open economy: A note; 5 Exchange rate regimes and capital mobility: How much of the Swoboda thesis survives?; 6 Exchange rate regimes and external adjustment: New answers to an old debate7 China's exchange rate impasse and the weak U.S. dollar; Part III: Central banking A revolution under way?; 8 Monetary policy and exchange rates: Theory and practice; 9 Central banks' function to maintain financial stability: An uncompleted task; 10 Is inflation ; targeting passé?; 11 It's what they do, not what they say: How to infer the stabilization objectives of a central bank; Finale; 12 For the celebration of Alexander Swoboda upon his retirement; Index
• Sommario/riassunto: The New International Monetary System brings together twelve original contributions by leading scholars and practitioners to a conference convened in May 2008 on the occasion of the retirement of Alexander Swoboda. The contributions are arranged in three main parts. Part I deals with the international financial architecture, Part II examines the ever-controversial role of exchange rate regimes and Part III takes stock of the conduct of monetary policy and the challenges posed by the inflation-targeting strategy. The chapters provide considered assessments of virtually all the hotly d