ABSTRACT
FromTheThreeBanksReview,no.143(June1984),pp.8-25. MeadepresentedanearlierversionofthispapertoanEECseminarin BrusselsinNovember1983;healsoputforwardasimilarsetofrules, fortheconductofeconomicpolicyintheUK,inhisevidencetothe HouseofCommonsTreasuryandCivilServiceCommitteeinApril 1982('Aproposedstructureforinternationalmonetaryarrangements', inHouseofCommons,TreasuryandCivilServiceCommittee,MemorandaonInternationalMonetaryArrangements,London:HMSO, July1982,pp.42-51).
