TY - BOOK ED - International Monetary Fund. TI - The Exchange Rate System: Lessons of the Past and Options for the Future T2 - Occasional Papers; Occasional Paper SN - 1557750645 : SN - 0251-6365 PY - 1984/// CY - Washington, D.C. PB - International Monetary Fund KW - Balance of Payments KW - imf KW - Exchange Rate Movements KW - Exchange Rate System KW - Exchange Rate KW - Exchange Rates KW - France KW - Germany KW - Japan KW - United Kingdom KW - United States N2 - The last few years have witnessed a resurgence of calls for a re-examination, or perhaps even a reform, of the international monetary system. This paper contributes to the ongoing debate on that subject in three ways: 1 it suggests a set of criteria for evaluating alternative exchange rate systems; 2 it provides a comprehensive appraisal of a decade of experience with the present exchange rate system in terms of those criteria; and 3 it selects some key issues as a basis for discussion on how the evolution of the exchange rate system might best be managed over the medium term UR - http://elibrary.imf.org/view/IMF084/06961-9781557750648/06961-9781557750648/06961-9781557750648.xml UR - http://www.imfbookstore.org/IMFORG/9781557750648 ER -