Reforming the International Financial System for Development

Informationen zum Autor Jomo Kwame Sundaram is assistant secretary general for economic development at the United Nations and research coordinator for the G24 Intergovernmental Group on International Monetary Affairs and Development. In 2007! he was awarded the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought. Klappentext Our latest global financial crisis! in which all of these weaknesses played a part! underscores how urgently we must reform the international financial system. Prepared for the G24 research program! a consortium of developing countries focused on financial issues! this volume argues that such reforms must be developmental. Chapters review historic trends in global liquidity! financial flows to emerging markets! and the food crisis! identifying the systemic flaws that brought about our present downturn. They challenge the effectiveness of recent policy and suggest criteria for regulatory reform! keeping in mind the different circumstances! capacities! and capabilities of various economies. Essays follow ongoing revisions in international banking standards! the improved management of international capital flows! and the critical role of the World Trade Organization in liberalizing and globalizing financial services! and the need for international tax cooperation. They also provide a blueprint for a new global banking model and reserve.

Product details

• Authors: Jomo Kwame Sundaram, Jomo (EDT) Kwame Sundaram, Joma Kwame Sundaram
• Assisted by: Jomo Kwame Sundaram (Editor), Kwame Sundaram Jomo (Editor), Joma Kwame Sundaram (Editor), Jomo Kwame Sundaram (Editor)
• Publisher: Columbia University Press
• Languages: English
• Product format: Hardback
• Released: 01.04.2011
• EAN: 9780231157643
• ISBN: 978-0-231-15764-3
• No. of pages: 392
• Dimensions: 161 mm x 236 mm x 28 mm
• Series: Columbia University Press; Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization; Initiative for Policy Dialogue; Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization
• Subjects: Social sciences, law, business > Political science > Comparative and international political science; BUSINESS & ECONOMICS / International / General, POLITICAL SCIENCE / International Relations / General, International Relations, International Economics, International Finance