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An overview of the new architecture for the international monetary system

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  • Popa, Catalin C.

Abstract

The new architecture of the international monetary-financial system is determined by the evolution of the economics, socials, culture and contemporary policies. The reorganization of the monetary-financial system’s institutional and functional formulas is not possible against trimming the intervention according to all the attempts regarding defining the new equation of the global equilibrium. The International Monetary Fund and the World Bank represent only a parcel of the institutional system with universal vocation. Its role is to watch over the monetary-financial dimension and it has direct responsibilities regarding formulating certain policies and coherent strategies meant to assure the general monetary and the global financial equilibrium.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 13366.

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Date of creation: 18 Mar 2007
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Publication status: Published in Scientific Bulletin of Naval Academy 'Mircea cel Batran' ISSN 1454 - 864X.1(2007): pp. 403-409
Handle: RePEc:pra:mprapa:13366

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Keywords: monetary system; financial system; global economy; International Monetary Fund;

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  1. M. H. Khalil Timamy, 2005. "Debate," Review of African Political Economy, Taylor & Francis Journals, vol. 32(104-105), pages 383-393, June.
  2. Michel Aglietta, 2000. "The International Monetary Fund and the International Financial Architecture," Working Papers 2000-08, CEPII research center.
  3. Russell S. Boyer & Warren Young, 2005. "Mundell's International Economics: Adaptations and Debates," IMF Staff Papers, Palgrave Macmillan, vol. 52(si), pages 10.
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