CIAO DATE: 01/2012
December 2011
Danish Institute for International Studies
Reform of the international monetary system is one of the most important challenges in global economic governance today. At the core of the issues is the question of whether the current international monetary system will remain intact, with periodic adjustments, or whether it will require a fundamental overhaul to accommodate the emerging new realities. In this DIIS Report, Dr Mansoor Dailami and Professor Paul Masson envisage a more fundamental change in play, one that is likely to recognize the growing economic and financial clout of emerging market economies, particularly China.
Resource link: Prospects for a Multipolar International Monetary System [PDF] - 1.9M