Has the US dollar delivered the benefits that the rest of the world is expecting from its holdings of international … terms of their own consumption, and that there is little that international monetary reform can do to change that fact. …

-called Bretton Woods II international monetary system; 2) the reduction of US real investment return compared with competing … long run coexistence between the present model of global development and current international monetary system. …

Financial crisis triggered in 2007 outlined once again the weaknesses and flaws of the current international financial … contribute to the ongoing debate on strengthening the international monetary system. …

. The solutions have to be sought mainly at the multilateral level and these include: provision of adequate international …

We examine the international propagation of the financial crisis of 2008, and compare it with that of the crisis of …

the two crises in light of the prevailing international monetary systems. The scale of the 2008-09 banking crisis, as … measured by falls in international short-term indebtedness and total bank deposits, was smaller than that of 1931. However … gold standard. Liquidity shortages destroyed the international monetary system in 1931. By contrast, central bank liquidity …

We ask ourselves whether behind economic and financial globalization there is a crisis of international political …