For a Better International Monetary System: An Emerging Economy Perspective

Kyung Soo Kim and Hyoung-kyu Chey
Additional contact information
Kyung Soo Kim: Sungkyunkwan University

No 11-29, GRIPS Discussion Papers from National Graduate Institute for Policy Studies

Abstract: The recent global crisis has demonstrated strongly that a systemic crisis victimizes a large number of innocent crisis “bystanders.” In order to prevent global crisis recurrence, and avoid victimization of such innocent crisis bystanders, the global financial safety net needs to be substantially strengthened. In this regard, assigning greater roles to central banks in addressing systemic crises seems one noteworthy option having several significant advantages.

Pages: 8 pages
Date: 2012-03
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://grips.repo.nii.ac.jp/?action=repository_ac ... bute_id=20&file_no=1 (application/pdf)

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:ngi:dpaper:11-29

Access Statistics for this paper

More papers in GRIPS Discussion Papers from National Graduate Institute for Policy Studies Contact information at EDIRC.
Bibliographic data for series maintained by ( this e-mail address is bad, please contact ).