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World Economic Problems For the Summit:
Coordination, Debt, and the Exchange Rate System

Dr. Rudiger Dornbusch

Bissell Paper Number Six
Centre for International Studies, University of Toronto
May, 1988

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Bryant, R., G. Holtham and P. Hooper (eds.) (1988) External Deficits and the Dollar, Brookings Institution.

Dornbusch, R. (1988) "Some Doubts about the McKinnon Standard" Economic Perspectives, 1.

_____and J. Frankel (1987) "The Flexible Exchange Rate System: Experience and Alternatives". NBER Working Paper.

Keynes, J.M. (1934) The General Theory of Employment, Interest and Money. London: MacMillan.

Krugman, P. and R. Baldwin (1987) "The Persistence of the U.S. Trade Deficit" Brookings Papers on Economic Activity, 1, 1980.

McKinnon, R. (1987a) "Currency Protectionism: Parity Loss" Wall Street Journal, February 2 1987.

______(1987b) "A Gold Standard Without Gold. Putting a Stop to Rapid Currency Swings" New York Times, April 12 1987.

_______(1987c) "A Model for Currency Cooperation" Wall Street Journal, September 21, 1987.

Nurske. R. ( 1946) International Currency Experience in the Interwar Period, Geneva: League of Nations. Reprinted by Arno Press.

Tobin, J. (1978) "A Proposal for International Monetary Reform" Eastern Economic Journal, July/October. Reprinted in his Essays in Economics, Theory and Policy. Cambridge, Mass: MIT Press.

Williamson, J. and M. Miller (1987) A Blueprint for International Monetary Reform. Institute for international Economics.

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