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The International Monetary System and the Debt Issue

In: International Debt

Author

Listed:
  • Otto Hieronymi

Abstract

The crisis of “global finance” that broke into the open in 2008 has not been resolved so far. There is a broad consensus that it is in the interest of all countries to find a solution that will prevent a drastic erosion of the value of financial assets—people’s savings—and will allow a return to sustained growth. This solution will have to be based on reliable theoretical concepts and up-to-date data and analyses. Above all, it will need political cooperation, innovation and reforms. A key task in this context is the rebuilding of a stable international monetary system.

Suggested Citation

  • Otto Hieronymi, 2013. "The International Monetary System and the Debt Issue," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Otto Hieronymi & Constantine A. Stephanou (ed.), International Debt, chapter 1, pages 11-94, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-1-137-03057-3_2
    DOI: 10.1057/9781137030573_2
    as

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