The Jamaican system refers to the System, which is a special committee established by the International Fund () in July 1972 to specifically study the reform of the international monetary system.
In June 1974, the Committee put forward a “Reform Outline of the International monetary System”, which put forward some principled suggestions on gold, reserve assets, balance of payments adjustment and other issues, laying a foundation for future monetary reform.
Until January 1976, the international monetary fund (IMF) council of the international monetary system “interim committee held the meeting in the Jamaican capital Kingston, to discuss the terms of the international monetary fund agreement, after a heated debate, reached a” Jamaica agreement “signed, in April the same year, the international monetary fund council passed the second amendment to the IMF agreement,
Thus formed the new international monetary system.
