Introduction -- The genesis of SDRs and the limitations of the Rio agreement -- SDRs in the transition from Bretton Woods monetary arrangements -- The influence of US and European policy on the SDR under post-Bretton Woods arrangements -- The SDR and the US international monetary policy process -- SDRs and the negotiation of the second amendment to the fund's articles of agreement -- SDRs after the second amendment -- Conclusion
Summary
'Special Drawing Rights' have recently re-emerged as a potential source of support and stability for the world economy, and this volume looks at the history of SDRs as well as the changing roles of the United States and the International Monetary Fund and the nature of the relationship between them
Bibliography
Includes bibliographical references (pages 263-286) and index