Adapting the international monetary system to face 21st century challenges
2011
Files
Полное описание
Условное обозначениеST/ESA/2011/DWP/104
ЗаглавиеAdapting the international monetary system to face 21st century challenges
ДоступFull text: wp104_2011 - PDF ;
Резюме
Recent calls for more intense debate on and reforms to the international monetary system imply that the current system is unable to respond appropriately and adequately to challenges that have appeared, or become more acute, in recent years. This paper focuses on four such challenges: ensuring an orderly exit from global imbalances, facilitating more complementary adjustments between surplus and deficit countries without recessionary impacts, better supporting international trade by reducing currency volatility and better providing development and climate finance. After describing them, it proposes reforms to enable the international monetary system to better respond to these challenges.
Monetary System issues raised by the Great Recession -- Legal Framework -- Reform proposals -- Current challenges monetary system reform should address -- Reforms and legal framework -- Conclusion.
Monetary System issues raised by the Great Recession -- Legal Framework -- Reform proposals -- Current challenges monetary system reform should address -- Reforms and legal framework -- Conclusion.
Серии
Дата[New York] : UN, Department of Economic and Social Affairs, May 2011
Описание
20 p.
Примечания
Includes bibliographical references (p. 20).