The Governance of the International Monetary System

José Antonio Ocampo

No wp-2015-046, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper proposes a reformed architecture of the international monetary system based on three pillars. The first is a representative apex organization, which can be understood as a transformation of the G-20 into a representative international institution. The second is the continuous reform of 'voice and participation' of developing countries in the Bretton Woods Institutions and global regulatory bodies.

Keywords: Financial institutions; International; International economic relations (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2015-046

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