ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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International Finance Asymmetries, Old and New

International Finance: Asymmetries, Old and New I S Gulati This paper examines how international monetary arrangements as they have evolved since 1973 affect low income countries. It discussed the various issues arising out of the monetary arrangements currently obtaining under two major headings: (i) payments imbalances and adjustment action, and (ii) sources of world liquidity. In the process the author tries to bring out how new asymmetries have been added on to the ones that already existed and how they impinge in "particular on low income countries.

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