The International Monetary System in the Context of the Actual Financial Crisis. Change Proposals
The International Monetary System (I.M.S.) has a crucial role in economy, representing the frame for a sustainable development of the economic relationships between states, while contributing at the progress of the world’s economies. Nowadays, this system confronts large difficulties, as a consequen...
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| Format: | Article |
| Language: | English |
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Sprint Investify
2013-12-01
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| Series: | Expert Journal of Economics |
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| Online Access: | http://economics.expertjournals.com/wp-content/uploads/EJE_104trimbitas2013pp19-27.pdf |
| Summary: | The International Monetary System (I.M.S.) has a crucial role in economy, representing the frame for a sustainable development of the economic relationships between states, while contributing at the progress of the world’s economies. Nowadays, this system confronts large difficulties, as a consequence of the lack of financial disciplinary instruments, meant at regulation and coordination. The actual economic-financial crisis proved the limits of the present I.M.S., reason why it is now under “reconstruction”. In this direction, there is a series of reforms that can be implemented, so that the new architecture of the system is much more solid. |
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| ISSN: | 2359-7704 |