Gold as International Reserves: A Barbarous Relic No More?
Language: en
Pages: 37
Authors: Mr. Serkan Arslanalp
Categories: Business & Economics
Type: BOOK - Published: 2023-01-27 - Publisher: International Monetary Fund

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After moving slowly downward for the better part of four decades, central bank gold holdings have risen since the Global Financial Crisis. We identify 14 “act
The Rise and Fall of a Barbarous Relic
Language: en
Pages: 98
Authors: Michael D. Bordo
Categories: Gold standard
Type: BOOK - Published: 1998 - Publisher:

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In this paper we analyze the changing role of gold in the international monetary system, in particular the persistence of gold holdings by monetary authorities
Do Old Habits Die Hard? Central Banks and the Bretton Woods Gold Puzzle
Language: en
Pages: 32
Authors: Eric Monnet
Categories: Business & Economics
Type: BOOK - Published: 2019-07-24 - Publisher: International Monetary Fund

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Why did monetary authorities hold large gold reserves under Bretton Woods (1944–1971) when only the US had to? We argue that gold holdings were driven by inst
Central Bank Balances and Reserve Requirements
Language: en
Pages: 57
Authors: Mr.Simon Gray
Categories: Business & Economics
Type: BOOK - Published: 2011-02-01 - Publisher: International Monetary Fund

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Most central banks oblige depository institutions to hold minimum reserves against their liabilities, predominantly in the form of balances at the central bank.
Gold and the International Monetary System
Language: en
Pages: 0
Authors: André Astrow
Categories: Business & Economics
Type: BOOK - Published: 2012 - Publisher: Chatham House Report

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"To assess what contribution, if any, gold could make to the current international monetary system in the wake of the global financial crisis, Chatham House set