Book(print)2011
Reserves and baskets
In: NBER working paper series 17492
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Abstract
"We discuss three well known plans that were offered in the twentieth century to provide an artificial replacement for gold and key currencies as international reserves: Keynes' Bancor, the SDR and the Ecu( predecessor to the euro).The latter two of these reserve substitutes were institutionalized but neither replaced the dollar as the principal medium of international reserve"--National Bureau of Economic Research web site
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Languages
English
Pages
26 S.
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