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Gaston Gelos (born Rafael Gaston Gelos) is a German-Uruguayan economist. [1] [2] He joined the International Monetary Fund (IMF) in 1998 and has served as the Assistant Director of the Western Hemisphere Department since October 2022, where he was the Mission chief for Mexico.
International Monetary Cooperation Since Bretton Woods is a non-fiction book detailing the economic history of international monetary systems after 1945. Written by Harold James , Professor of Economic History at Princeton University , the book details the history of the postwar monetary order amidst geopolitical tensions, economic challenges ...
The Bank for International Settlements (BIS) is an international financial institution which is owned by member central banks. [2] Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks. [3] With its establishment in 1930 it is the oldest international financial institution.
The committee's Secretariat is located at the Bank for International Settlements (BIS) in Basel, Switzerland. The BIS hosts and supports a number of international institutions engaged in standard setting and financial stability, one of which is BCBS.
In 2021, the NGFS identified 9 policy options that could be chosen by central banks to align their monetary policy with climate objectives. [8] The NGFS work is currently organised around 4 workstreams (WS) and 2 task forces (TF): WS “Supervision”, chaired by Mr Tolga Yalkin from the Office of the Superintendent of Financial Institutions
The Balance of Payments Manual published by the International Monetary Fund provides accounting standards for balance of payments reporting and analysis for many countries. . The United States Bureau of Economic Analysis adheres to this stand
McKittrick was president of the Bank for International Settlements (BIS) from 1940 to June 1943, under the chairmanship of Otto Niemeyer and Ernst Weber. [2] BIS, intended to facilitate effective monetary co-operation, declared its neutrality in World War II.
Early proposals of monetary systems targeting the price level or the inflation rate, rather than the exchange rate, followed the general crisis of the gold standard after World War I. Irving Fisher proposed a "compensated dollar" system in which the gold content in paper money would vary with the price of goods in terms of gold, so that the price level in terms of paper money would stay fixed.