Abstract
This research project addresses the problem of reform for the International Monetary System. The reform problem is a two-fold one. First, what reform plans are there and secondly, what are the pro and con of each plan. The methodology used in the research was to survey those major reform plans that have been advanced and then classify them into general categories for examination. | Prior to surveying the reform plans it was necessary to learn the present system and its inadequacies. The organization of this research paper reflects the order in which the research was performed. The remainder of this Chapter describes the present International Monetary System1s goals and functions. Chapter 2 identifies the charges that have been made against the system. Chapters 3 and 4 present the classification of reform proposals, and a description of the major plans in each category. Chapter 5 highlights a current reform proposal and presents a summarization of the entire research project.