Emerging Economies and the Reform of the Global Monetary System

José Antonio Ocampo

Chapter Chapter 5 in Asymmetric Demography and the Global Economy, 2015, pp 127-148 from Palgrave Macmillan

Abstract: Abstract The recent global financial crisis placed the issue of global macroeconomic and financial stability at the center of the world agenda. The first of these objectives may be understood as guaranteeing an adequate supply of liquidity at the international level and the coherence of the domestically determined macroeconomic policies (regional in the case of the Eurozone monetary policy), particularly those of major countries. The second may be understood as a coherent set of rules that helps prevent as well as better manage financial crises when they do occur.

Keywords: Exchange Rate; Real Exchange Rate; Capital Flow; Macroeconomic Policy; Current Account Deficit (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-48143-6_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137481436

DOI: 10.1057/9781137481436_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().