Summary of Findings of the Guido Carli Association’s Second International Conference

  • Paolo Savona


The work done to build a new architecture of the international monetary system (IMS) is described effectively by Fabrizio Saccomanni in one of the papers written for the conference and included in this volume. Saccomanni represented the Bank of Italy in the various venues where this issue was discussed and in this context personified the fine traditions established by Italy in both scholarship and monetary diplomacy.1 The paper by Maxwell C. Watson describes the operational results obtained thus far in this area, dealing particularly with the aspects that involve the International Monetary Fund (IMF). The concluding remarks by Antonio Casas-Gonzáles, president of the Central Bank of Venezuela, complete the picture with an agenda of actions that might prevent complications. The work of these three scholars represents one of the most precise and well-reasoned syntheses of an issue now being examined by officials in the world’s major industrialized countries.


Exchange Rate Monetary Policy International Monetary Fund European Central Bank Financial Stability 
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  1. Eichengreen, B. (1998) “Exchange-Rate Stability and Financial Stability.” In Michele Fratianni, Dominick Salvatore, and Paolo Savona (eds.), Ideas for the Future of the International Monetary System. Boston: Kluwer, 569–608.Google Scholar
  2. Savona, Paolo (1999) Alla Ricerca della sovranità monetaria: Breve storia della finanza straniera in Italia. Milan: Edizioni Scheiwiller.Google Scholar

Copyright information

© Springer Science+Business Media New York 2000

Authors and Affiliations

  • Paolo Savona
    • 1
  1. 1.LUISS Guido Carli University and Guido Carli AssociationRomeItaly

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