Guardando al futuro del Sistema Monetario Internazionale (Looking to the Future International Monetary System)

Carlo D'Adda

Abstract


Questo articolo passa brevemente in rassegna diversi argomenti che riguardano il funzionamento del Sistema Monetario Internazionale dopo il 1971, quali cambi flessibili e cambi fissi, aree monetarie ottime, crescenti movimenti di capitali, volatilità dei cambi, crisi valutarie, disavanzo esterno degli Stati Uniti. Pur in assenza di un disegno a priori, la successione di questi problemi ha preparato la strada alla recente proposta di Mundell e Cooper per una moneta mondiale.
Questa proposta non costituisce una semplice via d’uscita dalle odierne preoccupazioni. Nondimeno essa lascia intravedere la possibilità di un futuro migliore.

 

 

This article briefly reviews various issues concerning the functioning of the International Monetary System after 1971, such as flexible exchange rates and fixed exchange rates, optimal currency areas, increasing capital movements, exchange rate volatility, currency crises, external deficit of the United States. Even in the absence of an a priori design, the sequence of these problems has paved the way to the recent proposal of Mundell and Cooper for a world currency. 
This proposal is not a simple way out of today's concerns. Nevertheless, it suggests the possibility of a better future.

 

 

JEL Codes: F30, F33

Keywords: Sistema Monetario Internazionale, Mundell, Cooper, moneta mondiale.


Parole chiave


Sistema Monetario Internazionale, Mundell, Cooper, moneta mondiale.

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Reg. Tribunale di Roma n.377/2009 del 19/11/2009