Reforming the International Financial System for Development
(Sprache: Englisch)
Our latest global financial crisis, in which all of these weaknesses played a part, underscores how urgently we must reform the international financial system. Prepared for the G24 research program, a consortium of developing countries focused on financial...
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Our latest global financial crisis, in which all of these weaknesses played a part, underscores how urgently we must reform the international financial system. Prepared for the G24 research program, a consortium of developing countries focused on financial issues, this volume argues that such reforms must be developmental. Chapters review historic trends in global liquidity, financial flows to emerging markets, and the food crisis, identifying the systemic flaws that brought about our present downturn. They challenge the effectiveness of recent policy and suggest criteria for regulatory reform, keeping in mind the different circumstances, capacities, and capabilities of various economies. Essays follow ongoing revisions in international banking standards, the improved management of international capital flows, and the critical role of the World Trade Organization in liberalizing and globalizing financial services, and the need for international tax cooperation. They also provide a blueprint for a new global banking model and reserve.
Autoren-Porträt
Jomo Kwame Sundaram is assistant secretary general for economic development at the United Nations and research coordinator for the G24 Intergovernmental Group on International Monetary Affairs and Development. In 2007, he was awarded the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought.
Bibliographische Angaben
- Altersempfehlung: Ab 22 Jahre
- 2011, 356 Seiten, Maße: 16,2 x 23,5 cm, Gebunden, Englisch
- Herausgegeben: Jomo Kwame Sundaram
- Verlag: COLUMBIA UNIV PR
- ISBN-10: 0231157649
- ISBN-13: 9780231157643
Sprache:
Englisch
Rezension zu „Reforming the International Financial System for Development “
Reforming the International Financial System for Development covers all the relevant territory. It is by far the best overall treatment of the important implications of the reform and regulation of the financial system for economic development. ¿ Jan Kregel, coauthor of International Finance and Development
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