The future of the SDR in light of changes in the international financial system / Michael Mussa, James M. Boughton, and Peter Isard, editors.

Includes bibliographical references.

High time for a board review / Michel Camdessus, Henry Fowler -- Background and overview / James M. Boughton and Peter Isard -- Creation and evolution of the SDR / Robert Solomon -- The SDR : conditional or unconditional? / W. Max Corden -- The SDR : an historical perspective / Adolfo C. Diz -- The once and future SDR? / Rudolf R. Rhomberg -- The rationale for SDR allocation under the present Articles of Agreement of the International Monetary Fund / Michael Mussa-- SDR allocations and the present Articles of Agreement / Montek Singh Ahluwalia -- Interpreting "long-term global need" / J. de Beaufort Wijnholds -- Rationalizing SDR allocation / John Williamson -- The SDR in the light of the multicurrency system / Christian de Boissieu. Comments / Kathryn M. Dominguez ; Makoto Utsumi ; Paul De Grauwe -- Is there still a rationale for the SDR as a source of unconditional liquidity in the international monetary system? / Helmut Hesse -- The potential of the SDR for improving the international monetary system / Ariel Buira -- A focused SDR allocation / Muhammad Yaqub, Azizali Mohammed, and Iqbal Zaidi -- Should the SDR become the sole financing technique for the IMF? / Jacques J. Polak -- The use of SDRs in the financing of official safety net mechanisms / Marcello de Cecco and Francesco Giavazzi -- The potential role of the SDR in improving the reserve system / Zhu Xiaohua -- Does the world need a new official safety net to deal with potential financial crisis? / György Surányi -- The SDR and its characteristics as an asset : an appraisal / K. Alec Chrystal -- Currency baskets as international units of account / Holger C. Wolf -- Does the world of the SDR still exist? / Jonathan Frimpong-Ansah -- The SDR as an international means of payment / H. Robert Heller -- The SDR, reserve currencies, and the future of the international monetary system / Barry Eichengreen and Jeffrey A. Frankel. Comments / Tommaso Padoa-Schioppa and Fabrizio Saccomanni ; H. Onno Ruding ; Wendy Dobson -- Panel discussion / Peter B. Kenen ; Christian Stals ; Alexander Swoboda ; Alejandro Végh -- Concluding personal remarks / Stanley Fischer -- Appendix I. Basic facts about the SDR -- Appendix II. The SDR : a chronology.

Print version record.

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