In This Review

The International Monetary System: Essays in World Economics
The International Monetary System: Essays in World Economics
By Richard N. Cooper
MIT Press, 1987, 286 pp
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This volume's 13 papers, written over a period of 14 years, deal trenchantly with the fundamentals of the international monetary system and some more limited issues as well. An excellent introduction tells the story of the great postwar changes in world money, says a few words about Professor Cooper's occasional official participation and traces his thinking in a most attractive (and useful) way.