TY - JOUR AU - Bordo,Michael D. AU - James,Harold TI - Reserves and Baskets JF - National Bureau of Economic Research Working Paper Series VL - No. 17492 PY - 2011 Y2 - October 2011 UR - http://www.nber.org/papers/w17492 L1 - http://www.nber.org/papers/w17492.pdf N1 - Author contact info: Michael D. Bordo Department of Economics Rutgers University New Jersey Hall 75 Hamilton Street New Brunswick, NJ 08901 Tel: 732/822-7152 Fax: 732/932-7416 E-Mail: bordo@econ.rutgers.edu Harold James History Department and Woodrow Wilson School Princeton University Princeton NJ 08544 E-Mail: hjames@princeton.edu AB - 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. ER -