Paradigmenwechsel in der monetären Koordination von Zentralbanken?

Authors

  • Elke Muchlinski

DOI:

https://doi.org/10.32387/prokla.v31i123.747

Keywords:

Zentralbanken, Geldpolitik, Wechselkurse, Währungspolitik

Abstract

This paper introduces a theoretical outline defining the old and new configuration of tripolarity of currencies as an important framework to monetary coordination. The theoretical outline encompasses three dimensions: (i) the designation of unequal, but dominant currencies, which (ii) is itself determined by the international functions of money, and (iii) monetary coordination addressed to central bank policy and exchange rate management. The paper is limited to special remarks regarding these dimensions against certain historical backgrounds. It reviews literature emphasizing that economic interdependencies are no longer identified merely as restrictions on domestic macropolicy as it were throughout the past decades.

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Published

2001-06-01

How to Cite

Muchlinski, E. (2001). Paradigmenwechsel in der monetären Koordination von Zentralbanken?. PROKLA. Journal of Critical Social Science, 31(123), 285–304. https://doi.org/10.32387/prokla.v31i123.747

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