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The Financial System Under Stress
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The Financial System Under Stress : An Architecture for the New World Economy

Book Details

Format Hardback or Cased Book
ISBN-10 0415135168
ISBN-13 9780415135160
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Jul 11th, 1996
Print length 240 Pages
Weight 590 grams
Product Classification: International finance
Ksh 25,200.00
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The financial system is largely governed by institutions established by the Bretton Woods Commitee in 1944. Here, the authors propose a new system of international economic institutions to fit the changes in international relations.
The collapse of Barings bank and the currency crisis in Mexico are just two instances of stress in an international financial system still largely governed by the institutions established by the Bretton Woods Committee in 1944. Here, the authors put forward an agenda for a new system of international economic institutions to fit the changes in international relations. This agenda includes:
* an analysis of the role of the Bretton Woods institutions and their relations with the newly created World Trade Organizations
* a discussion of the search for world economic governance
* an analysis of the crisis within EMS and the prospects for European Monetary Integration
* an examination of the integration of private markets in the new economic architecture.

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