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"The book argues that a successful monetary and banking reform requires: a rollback of monetary nationalism and return …
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Tiny changes in the American monetary policy can have dramatic effects on the rest of the world because of its double role of national and international currency. This is what I call the Triffin dilemma, an ever green concept in international finance. In the paper I show how it works through...
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Tiny changes in the American monetary policy can have dramatic effects on the rest of the world because of dollar's double role of national and international currency. This is the Triffin dilemma. The paper shows how it works through three examples: price of commodities, dollarization, and the...
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The 1944 Bretton Woods conference created new institutions for international economic governance. Though flawed, the system led to a golden age in postwar reconstruction, sustained economic growth, job creation, and postcolonial development. Yet financial liberalization since the 1970s has...
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, in which all these weaknesses played a part, underscores how urgently we must reform the international financial system … effectiveness of recent policy and suggest criteria for regulatory reform, keeping in mind the different circumstances, capacities …. Contemporary Reform of Global Financial Governance: Implications of and lessons from the past -Eric Helleiner -- 2. Global …
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