Research Pdf 52693 | Fin Darista

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...The role of international monetary system in financialization jane d arista financial markets center paper prepared for political economy research institute peri conference on global university massachusetts amherst december introduction recent discussions architecture have focused a wide range issues without touching most basic element choice means payment cross border transactions aspect problems within existing continues to be relegated familiar ground earlier debates over fixed versus floating exchange rates advocates currency boards adoption one nation s by another dollarization and formation blocs see these arrangements primarily as achieve effective rate regimes those who favor advocate closer coordination fiscal policies major industrial countries preventing overshooting persistent under valuation other key aspects are assumed responsibilities or functions national authorities private institutions largely ignored when is discussed this focuses current various proposals that wou...

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Posted on: 20 Aug 2022 | 3 years ago
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