Monetary Stability through International Cooperation

Abstract

I European monetary integration.- The relationship between economic, monetary and political integration.- Pros and cons of a two-speed monetary integration.- Central bank and government.- European exchange rate cooperation.- The economic and monetary relation between Germany and the Netherlands.- The Exhange Rate Mechanism after the Basle/Nyborg Agreement.- The importance of monetary targeting in the Economic and Monetary Union.- European monetary policy coordination.- Economic policy coordination and the role of fiscal targets.- The Monetary Committee as a promoter of European integration.- The Committee of Governors as a forum for European central bank cooperation.- Techniques for stability.- Europe in flux.- Financial relations between the Netherlands and Belgium: 1943 to 1993.- The integration of former Eastern Bloc countries into Europe.- II The international monetary system.- The merits of stable exchange rates.- Turbulence in the foreign exchange markets: old and new lessons.- Macro-economic performance and the international monetary system.- National financial liberalisation and international economic cooperation.- International adjustment and finance since Bretton Woods.- Half a century after Bretton Woods: the role of the IMF in the international monetary system.- The contribution of the IMF to exchange rate stability: efforts in monetary diplomacy.- The OECD and international economic cooperation.- Prudential supervision: a central bank function?.- Payment systems and central banks.- A post-mortem of the debt crisis.- The Dutch attitude towards capital liberalization.- Annex.- List of contributors.- Bibliography of Andre Szasz.