Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. For millennia, gold and, ...

This book review appeared in the Winter 1997/98 issue of The Independent Review. A major theme of Barry Eichengreen’s accessible history of the international monetary system since 1850 is that pegged ...

The international financial system (IFS) represents the institutions, rules, and instruments, including the International ...

International currency systems underpin global trade and finance through agreed frameworks that determine exchange rate regimes, reserve currency status and mechanisms for monetary cooperation. From ...

THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...

"A gold standard would restore integrity and stability to the U.S. dollar and the international monetary system—qualities that have been sorely missing for years." — Steve Forbes, Chairman and ...

The IMF monitors the international monetary system and global economic developments, while also engaging in regular health checks of the economic and financial policies of its 191 member countries.

The Bank for International Settlements (BIS) unveiled a new vision for the future of the global monetary and financial system, centered on a tokenized unified ledger. This innovative framework aims to ...

Remarks by Dan Katz, IMF First Deputy Managing Director, at the12th Biannual Swiss National Bank-IMF High-Level Conference on the International Monetary System ...