EMS: a model for a world monetary order?

In the debate about the world monetary order there is agreement that greater stability in international currency relationships would be desirable. Could a system of fixed exchange rates between the currencies of the major industrial countries put an end to the present instability? What would be the advantages and weaknesses of such a system modelled on the EMS?

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Year of publication:	1988
Authors:	Bofinger, Peter ; Gerberding, Christina
Published in:	Intereconomics. - Hamburg : Verlag Weltarchiv, ISSN 0020-5346. - Vol. 23.1988, 5, p. 212-219
Publisher:	Hamburg : Verlag Weltarchiv
Subject:	Exchange Rate Policy

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1007/BF02925115 [DOI] 870671367 [GVK] hdl:10419/140148 [Handle] RePEc:spr:intere:v:23:y:1988:i:5:p:212-219 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10011470343