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- Title
IMF AND INTERNATIONAL FINANCIAL ARCHITECTURE REFORM PROPOSALS.
- Authors
Ioana, Duca; Rodica, Gherghina
- Abstract
During the past few decades, the radical changes that have occurred in the global economy - uncontrolled inflation rhythms, the growth in interest rates, the increase in foreign debts and in budget and current account deficits, financial crises - have led to the accumulation of a set of issues whose solution generates heated debates at international level and tensions among the global actors. Therefore, it is necessary to make a concerted effort at world level to rethink the International Financial Architecture, especially that of the International Monetary Fund (IMF), by adopting adequate legislative and institutional regulations.
- Subjects
INTERNATIONAL Monetary Fund; INTERNATIONAL cooperation on finance; RADICAL Reformation; INTERNATIONAL competition; PRICE inflation; INTEREST rates; EXTERNAL debts; BUDGET deficits; FINANCIAL crises; BUSINESS cycles
- Publication
Annals of the University of Oradea, Economic Science Series, 2008, Vol 17, Issue 3, p229
- ISSN
1222-569X
- Publication type
Article