As the decade of the 1980s draws to a close, international debt--and the role of international banks in solving the debt crisis--is considered by some to be the major problem facing the world's economies. This collection of essays, contributed by some of the nation's most respected thinkers, academics, policy advisors, and top ranking executives examines the world monetary system in terms of its institutions and mechanisms and their relationship to liquidity, exchange rates, credit creation, trade, and growth. Practicing professionals, academics, and all those interested in monetary theory will find this volume to be an excellent reference on questions of policy relating to international banking, world monetary system, and world economic growth in the late 1980s.