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Preferred term

international monetary system  

Definition

  • The term international monetary system refers to the formal and informal arrangements between national governments and financial institutions—private, public, and international—that govern the flow of money and capital between countries. Some aspects of these flows are strictly regulated by domestic and international laws; others are subject to whims and fancies of the market forces often governed by informal agreements and market conventions. [Source: Encyclopedia of Business in Today's World; International Monetary System]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-Z7BVV4T9-8

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