A reorganization plan of the International Monetary Fund: As oriented toward conditions of stable equilibrium (1973)

Abstract

Suggests the reorganizations of the international monetary fund, re‐directing its path towards conditions of stable equilibrium. Discusses basic deficiencies of the Bretton Woods Agreement of 1944 which set out the purposes of the internaitonal monetary fund. Suggests basic conditions for stable equilibrium at the international level, before making recommendations for a new sounder foundation of the international monetary fund in relation to its administration, the prerogatives and rules of functioning of its monetary department, an exension of monetization of other suitable commodities to serve as international liquidity reserves, and the fund’s banking department.

Citation

Rugina, A.N. (2001), "A reorganization plan of the International Monetary Fund: As oriented toward conditions of stable equilibrium (1973)", International Journal of Social Economics, Vol. 28 No. 1/2, pp. 141-153. https://doi.org/10.1108/EUM0000000004532