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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 …, treasures from the deep seabed, and the prospect of a killer asteroid. -- Climate change ; financial crises ; the world trading …
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potential clout in international forums and institutions. However, Asia's influence in the International Monetary Fund and the … financial crisis and more recent disputes over surveillance. But it is also due to the fact that Asia has not, at least until … recently, asserted itself in global financial circles. There are welcome signs now of Asia doing so, demanding greater voice …
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This paper proposes a comprehensive yet evolutionary reform of the global monetary non-system that evolved out of the breakdown of the original Bretton Woods arrangement in the early 1970s. It includes: (i) a global reserve system that mixes the multi-currency arrangement with an active use of...
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