Financial Stability Paper No 13: Reform of the International Monetary and Financial System

Oliver Bush, Katie Farrant and Michelle Wright
Additional contact information
Katie Farrant: Bank of England, Postal: Publications Group Bank of England Threadneedle Street London EC2R 8AH
Michelle Wright: Bank of England, Postal: Publications Group Bank of England Threadneedle Street London EC2R 8AH

No 13, Bank of England Financial Stability Papers from Bank of England

Abstract: The financial crisis has imposed large costs on the global economy and revealed deficiencies in policy frameworks around the world. While the ongoing reforms to financial regulation aim to make the financial system more resilient, they cannot eliminate all the risks associated with large global capital flows. This paper argues that broader reforms to the International Monetary and Financial System (IMFS) are also required.

Keywords: international; monetary system (search for similar items in EconPapers)
JEL-codes: F33 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2011-12-12
Note: http://www.bankofengland.co.uk/financialstability/Pages/fpc/fspapers/fs_paper13.aspx
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Persistent link: https://EconPapers.repec.org/RePEc:boe:finsta:0013

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