Abstract
The main feature of the international scene recently has been the shortage of reserves available for international settlement. This has been becoming progressively more severe, and they are probably now at the lowest level since the precious metals ceased to be the main medium of domestic circulation in the leading countries.
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Notes
Cf. R. F. Harrod, Economic Journal, 1967,
Ronald McKinnon, American Economic Review, 1963.
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© 1969 Roy Harrod
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Harrod, R. (1969). Principles of Policy for the Future: International. In: Money. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15348-0_14
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DOI: https://doi.org/10.1007/978-1-349-15348-0_14
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-10604-4
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