This paper provides a broad empirical examination of the major currencies' roles in international capital markets, with a special emphasis on the first year of the euro. A contribution is made as to how to measure these roles, both for international financing as well as for international...

Connotation of Global Governance -- Definition of Global Economic Governance -- Historical Evolution of the Global Economic Governance Structure -- Impetus for Evolution of the Global Economic Governance Structure -- Reform Orientation of Global Economic Governance -- Overview of the Evolution...