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Capital controls and exchange restrictions are used to restrict international capital flows during economic crises. This paper looks at the legal implications of these restrictions and explores the current international regulatory framework applicable to international capital movements and...
Persistent link: https://www.econbiz.de/10010397244
he paper considers the political obstacles and supports for additional development finance and a number of possible devices through which advantage may be taken of the supports and the obstacles circumvented. It emphasizes the need for effective negotiating alliances among developing-country...
Persistent link: https://www.econbiz.de/10010323521
long-term evolution of the balance of economic weight in the world economy. Such an evolution may mitigate some flaws of …
Persistent link: https://www.econbiz.de/10010317294
This paper reviews some of the current debates on the reform of the international monetary system. Despite its deficiencies, the United States (US) dollar will remain the dominant currency and Special Drawing Rights (SDR) cannot serve as either an international medium of exchange or a reserve...
Persistent link: https://www.econbiz.de/10010397211
policymakers' last chance at real financial market reform. He develops a shortlist of recommendations for world leaders to tackle … at the summit and says that world leaders at the summit must strengthen the stability of the financial sector while avoid …
Persistent link: https://www.econbiz.de/10010273718
This paper reexamines the issue of international financial capital mobility, which is today's economic orthodoxy. Discussion is often framed in terms of the impossible trinity. That framing distorts discussion by representing capital mobility as having equal significance with sovereign monetary...
Persistent link: https://www.econbiz.de/10010460473
Persistent link: https://www.econbiz.de/10011695633
these sorts of costs for other countries, and for the world economy as a whole, there is a case for global governance. This …
Persistent link: https://www.econbiz.de/10010298568
these sorts of costs for other countries, and for the world economy as a whole, there is a case for global governance. This …
Persistent link: https://www.econbiz.de/10010298626
Siebert, titled Global Governance: An Architecture for the World Economy. Assess-ments and forecasts made at that time are … not impose immediate acute costs on the great powers: climate change, financial crises, the world trading system, oil …
Persistent link: https://www.econbiz.de/10010263532