IDEAS home Printed from https://ideas.repec.org/p/phd/dpaper/dp_2000-37.html
   My bibliography  Save this paper

Reforming the International Financial Architecture: The East Asian View

Author

Listed:
  • Lamberte, Mario B.

Abstract

Despite the measures that have already been put in place to strengthen the international financial architecture in the wake of the Asian financial crisis, still much remain to be done. This paper tried to distinguish developing economies’ views, in general, and East Asian views, in particular, on reforming the international financial architecture from the G7 and G7-led institutions’ views and found substantial differences. From East Asia’s and developing economies’ perspective, the present discussions on reforming the international financial architecture that take place mainly within G7 and G7-led institutions are unlikely to lead to solutions for the prevention of future crises. East Asia’s and developing economies’ concern regarding the governance structure for reforming the international financial architecture and the Bretton Woods Institutions, establishment of regional financial arrangement, and some of the substantive aspects of the proposed reform package deserve to be given utmost consideration in discussions on strengthening the international financial system.

Suggested Citation

  • Lamberte, Mario B., 2000. "Reforming the International Financial Architecture: The East Asian View," Discussion Papers DP 2000-37, Philippine Institute for Development Studies.
  • Handle: RePEc:phd:dpaper:dp_2000-37
    as

    Download full text from publisher

    File URL: https://serp-p.pids.gov.ph/serp-p/download.php?d=140&s=3
    Download Restriction: no

    References listed on IDEAS

    as
    1. Andrew K. Rose, 1999. "Is there a case for an Asian Monetary Fund?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue dec17.
    2. C. Fred Bergsten, 2000. "The New Asian Challenge," Working Paper Series WP00-4, Peterson Institute for International Economics.
    3. V. V. Chari & Patrick J. Kehoe, 1999. "Asking the right questions about the IMF," Annual Report, Federal Reserve Bank of Minneapolis, pages 3-26.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Asian financial crisis; financial market;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:phd:dpaper:dp_2000-37. 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: (Aniceto Orbeta). General contact details of provider: http://edirc.repec.org/data/pidgvph.html .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.