First Published in 1989. This a collection of sixteen essays that takes at look at the international monetary system and discusses if there is a need for change, improved coordination or concern due to instability. Topics explored include international debt, monetary reform, exchange stability, purchasing power, external impacts, the paper-exchange system, LDC debt, gold and commodity and looking to the future.

Omar F. Hamouda Professor of Economics, Glendon College, York University. Robin Rowley Professor of Economics, McGill University. Bernard M. Wolf Professor of Economics, York University.

Chapter 1 Disturbance in the world economy, Robin Rowley, Omar Hamouda; Chapter 2 Banks, governments and international debt: Where do we go from here?, Thomas J. Berger; Chapter 3 International monetary reform: the future is not what it used to be!, Robert Solomon; Chapter 4 International monetary reform, coordination and indicators, Andrew Crockett; Chapter 5 The search for exchange stability: before and after Bretton Woods, Edward M. Bernstein; Chapter 6 The international monetary system and the paper-exchange standard, Robert Triffin; Chapter 7 Purchasing power parity as a monetary standard, Ronald I. McKinnon, Kenichi Ohno; Chapter 8 The international monetary system: An analysis of alternative regimes, Marcus H. Miller, John Williamson; Chapter 9 The future of the international monetary system, Sidney Dell; Chapter 10 External impacts of the United States' financial policies, Peter M. Oppenheimer; Chapter 11 Some reflections on the LDC debt crisis, Kari Levitt; Chapter 12, Fred Z. Jaspersen; Chapter 13 A return visit to the international debt problem of the LDCs, Lorie Tarshis; Chapter 14 LDC debt: towards a genuinely cooperative solution, Benjamin J. Cohen; Chapter 15 A neglected monetary standard alternative: gold/commodity bimetallism, Albert Gailord Hart; Chapter 16 The international monetary system: a look ahead, Bernard M. Wolf;