Reforming the International Financial System for Development

"By far the best overall treatment of the important implications of the reform and regulation of the financial system for economic development." - Jan Kregel, coauthor of International Finance and Development   Reforming the International Financial System for Development Edited by Jomo Kwame Sundaram  Order Your Copy Now and Save 40%! We'd like to offer you 40% off orders of Reforming the International System for Development during our SPRING SALE. Save on Economics titles. Save on International Relations titles.   Read an excerpt (.pdf) | Read reviews | Search the book via Google Preview | For more books from the Initiative for Policy Dialogue series Our latest global financial crisis, in which all 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 historical trends in global liquidity, financial flows to emerging markets, and the food crisis, identifying the systemic flaws that contributed to the recent 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, the critical role of the World Trade Organization in liberalizing and globalizing financial services, and the need for international tax cooperation. They also propose new global banking and reserve currency arrangements. ORDER THE BOOK   $34.50 $20.70  / £24.00   cloth   392 pages  Initiative for Policy Dialogue For more titles in: Economics International Relations

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