Neue internationale Finanzarchitektur: Defizite und Handlungsoptionen

Michael Frenkel and Lukas Menkhoff

Perspektiven der Wirtschaftspolitik, 2000, vol. 1, issue 3, 259-279

Abstract: The recent debate about a new international financial architecture, i.e. a reform of the international financial system, is strongly influenced by current events. In contrast to this the paper puts the problem into the framework of Ordnungspolitik. Beginning with the development of the recent discussion and shortcomings in the international financial system, we discuss fundamental reform proposals in brief and reform steps already realized at greater length.

Date: 2000
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