The International Monetary System Chapter 10

8/10/99


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Table of Contents

The International Monetary System Chapter 10

The Gold Standard

Between the Wars

Bretton Woods

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IMF

Principal Duties

Sources of Funds

Membership in the IMF

Largest Contributors

Largest Borrowers

(International Bank for Reconstruction and Development)

What Happened After Bretton Woods?

Collapse of the Fixed Exchange System

US Dollar Movements

Floating Exchange Rates

Managed Currency Floats

Floating

Fixed

Exchange Rate Regimes

How IMF Members Determine Exchange Values

Post-Bretton Woods Financial Crises

Crises Have Common Underlying Causes

Incidence of Currency Crises 1975-1997

Incidence of Banking Crises 1975-1997

Mexican Currency Crises of 1995

Peso Movements

Problems in Asian Market Economies

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Devalued Currency

Russia

Government Actions Exacerbating the Situation

Russia

Russia Real GDP

IMF Policy Prescriptions

Impact on the Countries

Investment Impacts

Author: Richard Hall