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Report on scenarios for future global engagement

Author

Listed:
  • Christos N. Pitelis

    (National and Kapodistrian University of Athens)

  • Ilias Anthopoulos

    (National and Kapodistrian University of Athens)

  • Eleni E. N. Piteli

    (University of Sussex)

Abstract

The aim of this paper is to map out possible scenarios of international financial development and supra-national governance, and identify opportunities for positive engagement by the EU and emerging countries. Additionally, it examines the prospects for international monetary relations and charts the possible roles of the US and the EU, G8, G20, multilateral credit institutions (e.g., IMF and World Bank) as well as the role of China and sovereign wealth fund countries (e.g., in the Middle East) in future monetary and financial relations. It proposes an alternative form of supra-national governance which Europe could champion, that is simultaneously more inclusive and potentially beneficial to Europe.

Suggested Citation

  • Christos N. Pitelis & Ilias Anthopoulos & Eleni E. N. Piteli, 2015. "Report on scenarios for future global engagement," Working papers wpaper95, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
  • Handle: RePEc:fes:wpaper:wpaper95
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    File URL: http://fessud.eu/wp-content/uploads/2012/09/Report-on-scenarios-for-future-global-engagement-Working-Paper-95.pdf
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    More about this item

    Keywords

    global engagement; supra-national governance; sustainable wealth creation;
    All these keywords.

    JEL classification:

    • F6 - International Economics - - Economic Impacts of Globalization
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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