National monetary sovereignty and international financial order.

Robert Z. Aliber

Expert InsightsPublished 1968

A consideration of current international financial arrangements and their constraints on the United States. The Special Drawing Rights (SDR), as recently internationally negotiated, will supply a new reserve asset in the form of exchange (but not gold) guarantees. SDR undoubtedly will lessen the demand for dollars as well as gold. A less constraining and more efficient proposal is a worldwide dollar Bloc, with an increase in the price of gold. 18 pp.

Document Details

  • Copyright: RAND Corporation
  • Availability: Web Only
  • Year: 1968
  • Pages: 18
  • Document Number: P-3791

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Aliber, Robert Z., National monetary sovereignty and international financial order. Santa Monica, CA: RAND Corporation, 1968. https://www.rand.org/pubs/papers/P3791.html.
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