Regional Financial Arrangements and the International Monetary Fund
20 Pages Posted: 7 Nov 2012
Date Written: November 6, 2012
Abstract
The rise of regional monetary arrangements poses a challenge for the International Monetary Fund (IMF)'s global surveillance efforts. This paper reviews how the IMF has responded to earlier regional initiatives, from the European Payments Union of the 1950s and the Gold Pool of the 1960s to the CFA franc zone and the European Monetary System. The penultimate section draws out the implications for monetary regionalism in East Asia.
Keywords: international monetary fund, regional monetary arrangements, global surveillance, European monetary system
JEL Classification: F30, F53, F55
Suggested Citation: Suggested Citation
Eichengreen, Barry, Regional Financial Arrangements and the International Monetary Fund (November 6, 2012). ADBI Working Paper 394, Available at SSRN: https://ssrn.com/abstract=2172113 or http://dx.doi.org/10.2139/ssrn.2172113
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.