The Unending Search for a New Global Monetary and Financial Architecture
Gerardo della Paolera ()
No 553, Working Papers from Economic Research Forum
This paper analyzes some key features of the global monetary and financial crisis and the limitations faced by Central Banks. It also includes a brief description for the collectively previous efforts to anchor a Global Monetary and Financial regime. The main difficulties to “globalize” banking and financial reforms are illustrated in this paper. It is concluded with some open questions concerning the threats and opportunities that this crisis presents for emerging, developing and poorer countries.
Date: 2010-01-10, Revised 2010-01-10
New Economics Papers: this item is included in nep-cba, nep-mac, nep-mic and nep-mon
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Published by The Economic Research Forum (ERF)
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Journal Article: THE UNENDING SEARCH FOR A NEW GLOBAL MONETARY AND FINANCIAL ARCHITECTURE (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:erg:wpaper:553
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