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Changes of the International Monetary System

In: To Establish a Supra-sovereign International Currency

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  • Chong Li

    (Beijing Normal University)

Abstract

International Monetary System (IMS) refers to the arrangements and rules governing exchanges and payments through international currencies that are accepted by countries within international economic activities. It consists of the following rules. First, international money standard, i.e., the international money adopted in international economic activities, or the unit of account, means of exchange, and the means of payments and storage.

Suggested Citation

  • Chong Li, 2022. "Changes of the International Monetary System," Springer Books, in: To Establish a Supra-sovereign International Currency, chapter 0, pages 1-24, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-4337-8_1
    DOI: 10.1007/978-981-16-4337-8_1
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