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rbw/do-we-have-global-monetary-system-we-need-21st-century

Do we have the global monetary system that we need for the 21st century?

Rethinking Bretton Woods | Thu, Aug 25, 2011

In a paper published by the UN, Center of Concern staff Aldo Caliari argues that reforms of the international monetary system will not be satisfactory unless they address acute challenges of the 21st century: an orderly exit from global imbalances, preventing recessionary adjustments, better supporting international trade by reducing currency volatility and better providing development and climate finance.