International monetary system |
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International Monetary System
Related Category: Money, Banking, and Investment ...
INTERNATIONAL MONETARY SYSTEM - The global network of government and commercial institutions within whi...
INTERNATIONAL MUTUAL FUND - A mutual fund that invests strictly in securities markets throughout the wo...
International monetary systems
Monetary economics
Monetarism
Money supply ...
Gold standard
An international monetary system in which currencies are defined in terms of their gold content, and payment imbalances between countries are settled in gold. It was in effect from about 1870 to 1914.
One example is the international monetary system: it is now much easier to transfer capital between countries. As a result, the globalisation of markets has increased.
paper gold A measure of a country's reserve assets in the international monetary system. Also known as Special Drawing Rights (SDR). paper loss A loss that has occurred, but not realized through a transaction, (i.e. a stock...
The international currency proposed by Keynes for use as the basis for the international monetary system that was being constructed at the end of World War II. Instead, the Bretton Woods System that emerged was based on the U.S. dollar.
Smithsonian agreement A revision to the Bretton Woods international monetary system which was signed at the Smithsonian Institution in Washington, D.C., U.S.A., in December 1971. Included were a new set of par values, widened bands to +/- 2.
In the context of BOP and international monetary systems, the reserve asset is the currency or other store of value that is primarily used by nations for their foreign reserves.
Bretton Woods Agreement An agreement signed by the original United Nations members in 1944 that established the International Monetary Fund (IMF) and the post-World War II international monetary system of fixed exchange rates.
An international financial institution proposed at the 1944 Bretton Woods Conference and established in 1946 that seeks to stabilize the international monetary system as a basis for the orderly expansion of international trade.
World War I had destroyed the international monetary system based on the gold standard. After the war, manipulation of the exchange rate was added to governments' lists of trade weapons.
The IMF has evolved since its inception, but remains focused on overseeing the international monetary system, ...
Bretton Woods system the international monetary system put in place after World War II; it was based on fixed exchange rates. Infrequent adjustments of the exchange rates were permitted and did occur under the Bretton Woods system. (31) ...
Gold standard An international monetary system in which countries fix their exchange rates in terms of gold. All currencies are fixed in terms of all others, and any balance of payments deficits or surpluses can be made up by shipments of gold.
A revision to the Bretton Woods international monetary system that was signed at the Smithsonian Institution in Washington, D.C., in December 1971. Included were a new set of par values, widened bands to +/- 2.
The monetary unit of a country (e.g. US dollar) or of an international monetary system (e.g. ECU).
Français: Unité monétaire
Español: Unidad de moneda
Unitary tax: ...
[Harvey] Bretton Woods An international monetary system operating from 1946-1973.
An agreement signed by the original United Nations members in 1944 that established the International Monetary Fund (IMF) and the post- World War II international monetary system of fixed exchange rates.
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It accepts deposits from its members and makes advances to them, while also operating as a forum for regular meetings aimed at ensuring the stability of the international monetary system.
In a recent meeting of the House Financial Services Committee in the US, Republican Senator Ron Paul asked Fed Chairman Ben Bernanke whether central bankers ever discussed gold in the context of a new international monetary system.
Special arrangement under which several industrialised countries stand ready to provide substantial temporary loans to the IMF to allow it to lend extra resources to countries to arrest crises which risk impairing the international monetary system.
These loans would be made when supplementary resources were needed to help finance purchases by GAB participants in circumstances where such financing would forestall or cope with an impairment of the international monetary system.
Related: Chicago Mercantile Exchange (CME) International monetary system The global network of government and commercial institutions within which currency exchange rates are determined.
 See also: Monetary system, Values, Banks, Bretton woods, Expense
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