Title
Renovation of the Global Reserve Regime: Concepts and Proposals
Author(s)
Peter B. Kenen Peter Kenen (Princeton University)
Abstract
The subject of this paper is one about which I have written before, but this paper goes further than those published previously. It contemplates the gradual transformation of the global reserve regime by making the IMF's quasi-currency, the SDR, the primary reserve asset of the international monetary system, which was the objective adopted when the SDR was introduced in 1969.
Creation Date
2010-06
Section URL ID
CEPS
Paper Number
208
URL
https://gceps.princeton.edu/wp-content/uploads/2017/01/208kenen.pdf
File Function
Jel
E420, E580, F310, F330
Keyword(s)
foreign exchange, currency reserves, International Monetary Fund
Suppress
false
Series
3