Picture of person typing on laptop with programming code visible on the laptop screen

World class computing and information science research at Strathclyde...

The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by University of Strathclyde researchers, including by researchers from the Department of Computer & Information Sciences involved in mathematically structured programming, similarity and metric search, computer security, software systems, combinatronics and digital health.

The Department also includes the iSchool Research Group, which performs leading research into socio-technical phenomena and topics such as information retrieval and information seeking behaviour.


The economic background [March 1995]

McDonald, Ronnie and Swales, Kim (1995) The economic background [March 1995]. Quarterly Economic Commentary, 20 (3). pp. 1-5. ISSN 0306-7866

Text (FEC_20_3_1995_Economic_Background)
FEC_20_3_1995_Economic_Background.pdf - Final Published Version

Download (472kB) | Preview


The recent slide in the external value of the US dollar, and the consequent volatility of exchange rates associated with this, has once again raised the appropriateness of the current, rather ad hoc, arrangements by which the key currencies of the world economy are linked together. As a result, proposals for the reform of the International Monetary System (IMS) are likely to become especially topical again. In this article, therefore, we take the current backdrop of currency volatility as a motivation for reexamining the case for the reform of the IMS and the current range of options available.