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

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POLITICS-Special Treatment

POLITICS-Special Treatment

adjustable par values and with floating rates providing a useful instrument in particular situations; (b) co-operation in dealing with disequilibrating capital flows, (c) introduction of an appropriate form of convertibility for settlement of imbalances, with symmetrical obligations on all countries; (d) better international management of global liquidity, with the SDR becoming the principal reserve asset and the role of gold and of reserve currencies being reduced; (e) consistency between arrangements for adjustment, convertibility and global liquidity; and (f) promotion of net flow of real resources to developing countries.

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