The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Fundamental Disequilibrium

  • D. E. Moggridge
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_1209

Abstract

The Articles of Agreement of the International Monetary Fund stipulate in Article IV(5)a that ‘a member shall not propose a change in the par value of its currency except to correct a fundamental disequilibrium’.

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Bibliography

  1. Bank for International Settlements. 1945. Annual report. Basle: Bank for International Settlements.Google Scholar
  2. Dam, K.W. 1982. The rules of the game: Reform and evolution in the international monetary system. Chicago: University of Chicago Press.Google Scholar
  3. de Vries, M.G. 1985. The international monetary fund 1972–1978: Cooperation on trial. 3 vols, Washington, DC: International Monetary Fund.Google Scholar
  4. Horsefield, J.K. 1969. The international monetary fund 1945–1965: Twenty years of international cooperation. 3 vols, Washington, DC: International Monetary Fund.Google Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • D. E. Moggridge
    • 1
  1. 1.