Advanced Search
MyIDEAS: Login to save this article or follow this journal

Économie politique de l'architecture financière internationale

Contents:

Author Info

  • André Cartapanis

Abstract

The objective of the new architecture of the international financial system is to master the international financial instability by improving the transparency and the supervision of markets, and by arousing a greatest sense of responsibility in the prevention and management of crises, of both private and public actors. But it is very improbable for the new architecture to take the form of rules of law whose combination would open on a new system forced upon the international community, to the image of the creation of the IMF in 1944. It is likely to be a pragmatic reply to the international financial instability rather than an institutional evolution of the modes of international monetary and financial governance. The ambition to consolidate the international financial architecture marks already a real change of doctrine, close to a new neo-liberal compromise and partially nearing the postwar embedded liberalism recommended by Keynes. But this compromise appears all both ambiguous and unfinished, as much in its foundations that in its functioning. The object of this analysis is precisely to surround the political economy of this architecture. One examines first the official contours of the new architecture, by showing that this program is first a political reply, managed by the American diplomacy and piloted by the G 7, to the systemic contagion of the 90?s. One shows then how the project of architecture, considering the theoretical underlying foundations as well as the adopted method, can be analyzed as a pragmatic compromise whose application remains at present unfulfilled, and which cannot be considered as a full reply to the challenges of systemic risk. Classification JEL : F33, G15

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=RECO_522_0447
Download Restriction: free

File URL: http://www.cairn.info/revue-economique-2001-2-page-447.htm
Download Restriction: free

Bibliographic Info

Article provided by Presses de Sciences-Po in its journal Revue économique.

Volume (Year): 52 (2001)
Issue (Month): 2 ()
Pages: 447-465

as in new window
Handle: RePEc:cai:recosp:reco_522_0447

Contact details of provider:
Web page: http://www.cairn.info/revue-economique.htm

Related research

Keywords:

Other versions of this item:

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Cartapanis A. & Herland M., 2001. "Systemic Risk and New International Financial Architecture: Reconciling KEYNES and Neo-Liberalism?," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 5-26, January -.
  2. Andre Cartapanis, 2004. "Le declenchement des crises de change : qu'avons-nous appris depuis dix ans ?," Economie Internationale, CEPII research center, issue 97, pages 5-48.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:cai:recosp:reco_522_0447. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.