Towards a new international monetary order : the world currency unit and the global indexed bonds

Lok Sang HO

doi:10.1111/1467-9701.00310

Towards a new international monetary order : the world currency unit and the global indexed bonds

Lok Sang HO

Lingnan College

Research output: Journal Publications › Journal Article (refereed) › peer-review

6 Citations (Scopus)

Abstract

Instability in currency markets has caused large interest rate swings and is capable of causing great damage to regional economies as well as the global economy. It is against this background that the controversial “Tobin tax” on foreign exchange transactions was proposed (Tobin, 1978). It is also against this background that when Malaysia introduced foreign exchange control he found sympathy in a mainstream economist, namely Paul Krugman (1998).

Original language	English
Pages (from-to)	939-950
Number of pages	12
Journal	The World Economy
Volume	23
Issue number	7
DOIs	https://doi.org/10.1111/1467-9701.00310
Publication status	Published - 1 Jul 2000

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Towards a new international monetary order : the world currency unit and the global indexed bonds

Abstract

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