With the major currencies continuously moving (if not floating freely) against each other, a country that does not choose to float must decide what to peg to. If it pegs to the SDR it floats against all currencies. Thus in the system begun in the early 1970s the very concept of a fixed exchange...

This report presents a summary of recommendations on how we can all gain from migration. They are the result of a multi-faceted project undertaken in partnership with the European Commission to rethink the management of the emerging mobility system. New ideas, based on an exhaustive review of...