Analyzes developments in the international monetary system since 1973, with anew added epilogue.

This paper investigates the role of exchange rates in balance of payments theories.

An original and systematic synthesis of the major postwar developments in theory and policy of balance-of-payments adjustment, this book focuses on the present-day system of pegged-but-adjustable exchange rates and the problems that policy ...

Examines proposals for reducing U.S. deficits in balance of payments from international trade. Focuses on dollar outflow through foreign aid and unrestricted currency movements.

UK. Monograph criticising the government policy of fixing the sterling foreign exchange rate, analysing different exchange rate systems and advocating a floating rate as the least inflationary system - examines the implications for trade, ...