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Resetting the International Monetary (Non)System

José Antonio Ocampo


This book provides an analysis of the global monetary system and the necessary reforms that it should undergo to play an active role in the twenty-first century. As its title indicates, its basic diagnosis is that it is an ad hoc framework rather than a coherent system—a ‘non-system’—which evolved after the breakdown of the original Bretton Woods arrangement in the early 1970s. The book places a special focus on the asymmetries that emerging and developing countries face within the current system, and therefore on the development dimensions of the global monetary system and of global monetary ... More

Keywords: international monetary system, monetary reform, Bretton Woods, Special Drawing Rights, macroeconomic policy cooperation, sovereign debt workout

Bibliographic Information

Print publication date: 2017 Print ISBN-13: 9780198718116
Published to Oxford Scholarship Online: November 2017 DOI:10.1093/oso/9780198718116.001.0001


Affiliations are at time of print publication.

José Antonio Ocampo, author
Professor, Columbia University, New York, USA
Author Webpage