Global Financial Architecture: Past and Present Arguments, Advice, Action
AbstractIn the context of the formation of G-20, the paper points out the absence of reform in the global financial architecture (GFA) after the East Asian crisis, and assesses factors that can improve the chances of real reform this time. A factual assessment of various causes advanced for the global crisis, puts the main responsibility on lax regulation. The paper summarizes the Chimerica debate and the blocks that have stalled progress in resolving the issue. It argues that symmetric and balanced reform, at individual country and international level, is required to remove the blocks. [WP-2009-004].
Download InfoIf 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.
Bibliographic InfoPaper provided by eSocialSciences in its series Working Papers with number id:2130.
Date of creation: Jul 2009
Date of revision:
Note: Institutional Papers
Contact details of provider:
Web page: http://www.esocialsciences.org
east Asian; regulation; emerging markets; markets; Global Financial architecture; Crisis; G-20; Imbalances; Over-saving;
Other versions of this item:
- Ashima Goyal, 2009. "Global financial architecture: Past and present arguments, advice, action," Working Papers 2009-004, Madras School of Economics,Chennai,India.
- Ashima Goyal, 2009. "Global Financial Architecture : past and present arguments, advice, action," Finance Working Papers 22932, East Asian Bureau of Economic Research.
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-07-28 (All new papers)
- NEP-CBA-2009-07-28 (Central Banking)
- NEP-IFN-2009-07-28 (International Finance)
- NEP-REG-2009-07-28 (Regulation)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Ashima Goyal, 2010.
"The Future of Financial Liberalization in South Asia,"
Finance Working Papers
21973, East Asian Bureau of Economic Research.
- Ashima Goyal, 2010. "The Future of Financial Liberalization in South Asia," Finance Working Papers 22051, East Asian Bureau of Economic Research.
- Ashima Goyal, 2010. "The Future of financial liberalization in South Asia," Working Papers 2010-022, Madras School of Economics,Chennai,India.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Padma Prakash).
If references are entirely missing, you can add them using this form.