@techreport{NBERw17492,
 title = "Reserves and Baskets",
 author = "Michael D. Bordo and Harold James",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "17492",
 year = "2011",
 month = "October",
 URL = "http://www.nber.org/papers/w17492",
 abstract = {We discuss three well known plans that were offered in the twentieth century to provide an artificial replacement for gold and key currencies as international reserves: Keynes’ Bancor, the SDR and the Ecu( predecessor to the euro).The latter two of these reserve substitutes were institutionalized but neither replaced the dollar as the principal medium of international reserve.},
}