Titlebook: Jelle Zijlstra, a Central Banker’s View; Selected Speeches an C. Goedhart,G. A. Kessler,F. Roos Book 1985 Martinus Nijhoff Publishers, Dord

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歌曲

International Monetary Reformonstructive r?le in Austrian economic and financial affairs. I extend this tribute also to former President Kamitz and to President Schmitz, whom I have watched maintain the Bank on the highest standard.

橡子

BET

The Netherlands economy in 1976 — a stock takingnow arise. First, will the cyclical recovery continue, will it lead to a longer period of healthy economic growth, or will it prove to be only a brief revival from the serious setback we have recently experienced? Second, we must ask ourselves if, and if so, how, the structural derailments can be corrected.

reperfusion

declamation

OTHER

Some aspects of international monetary reformetton Woods and embodied in the Articles of Agreement of the International Monetary Fund is due for a thorough reform. I would like to discuss some of the main aspects of such a reform; of course, I cannot give but a few major outlines.

剝削

cumulative

Reflections on international economic and monetary problems led to the virtual end of the Bretton Woods system in March 1973, when shortly after the 10% devaluation of the American dollar there was a general change-over to a system of floating exchange rates, albeit with a European island of fixed parities known as the snake arrangement. The end of the old

Ischemia

The world economy and the monetary system production. The industrial countries, which had recorded average annual growth rates of 5% during the ten years from 1962 to 1972, ceased to show any growth in 1974 and swung into decline at an annual rate of close on 2% in 1975, falling to alow point of 5% in the course of the year. Some recovery