International Asymmetries and the Design of the International Financial System
Author | : José Antonio Ocampo |
Publisher | : Santiago, Chile : Naciones Unidas |
Total Pages | : 44 |
Release | : 2001 |
ISBN-10 | : UCSD:31822031385032 |
ISBN-13 | : |
Rating | : 4/5 (32 Downloads) |
Download or read book International Asymmetries and the Design of the International Financial System written by José Antonio Ocampo and published by Santiago, Chile : Naciones Unidas. This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper argues that the design of the international financial system should take into consideration three problems: financial market instability; basic macroeconomic and financial asymmetries which characterise the international economy; and the additional problems generated by the current globalization process. A distinction is drawn between systemic issues, and centre-periphery issues. Based on this distinction, the paper proposed a broad agenda which relates both to the organisational structure of international financial institutions, and the services provided by them.