Ideas for the Future of the International Monetary System: Conclusions and Remarks

  • Michele Fratianni
  • Dominick Salvatore
  • Paolo Savona


The Association Guido Carli, charged to research on the working of the international monetary system, selected a Study Group composed of outstanding economists, coming from the six leading countries in the world.1 The Group met in Rome three times and set out to answer the following questions, sharing the work in accordance with the respective expertise and research interests:
  1. Q1.

    How does the current international monetary system work?

  2. Q2.

    How do the authorities regulate the system and react to its unexpected behavior?

  3. Q3.

    Are the monetary authorities sovereign?



Exchange Rate Monetary Policy Central Bank Euro Area European Central Bank 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media New York 1998

Authors and Affiliations

  • Michele Fratianni
    • 1
  • Dominick Salvatore
    • 2
  • Paolo Savona
    • 3
  1. 1.Indiana UniversityBloomingtonUSA
  2. 2.Fordham UniversityNew YorkUSA
  3. 3.Tor Vergata UniversityRomeItaly

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