Publisher's Synopsis
The international monetary system is in disarray. Exchange rates continue to be volatile and the international debt problem remains a major source of potential disruption. International instability has become the rule.
This book contains a brief account of the changes in international monetary and financial practices that have occurred since the dollar crisis of 1971, and concludes by assessing the alternatives for the international monetary system in the remaining years of the 20th century and on into the 21st century.