Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/126307
Authors: 
Ocampo, José Antonio
Year of Publication: 
2015
Series/Report no.: 
WIDER Working Paper 2015/046
Abstract: 
This paper proposes a reformed architecture of the international monetary system based on three pillars. The first is a representative apex organization, which can be understood as a transformation of the G-20 into a representative international institution. The second is the continuous reform of 'voice and participation' of developing countries in the Bretton Woods Institutions and global regulatory bodies. The third is the design of a 'dense', multi-layered architecture, with the active contribution of regional and sub-regional institutions, in a sense copying in this regard the denser architecture in place in the system of multilateral development banks.
Subjects: 
International Monetary Fund
Group of 20
IMF quotas and votes
regional financial institutions
JEL: 
F02
F33
ISBN: 
978-92-9230-935-0
Document Type: 
Working Paper

Files in This Item:
File
Size
579.73 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.